Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
James Militzer
APRIL 14, 2023
Yet this low uptake is also why the insurtech industry is poised for disruption and takeoff as part of Nigeria’s digital transformation, from both a business and development perspective. As of 2021, they had insured 4.6 That’s why Nigeria has one of the lowest insurance penetration rates in the world, at 0.5%.
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