UNAJUA S6 EP1: Is Africa's insurance industry poised for a steep growth trajectory? feat. Henry Mascot

With insurance adoption on the rise across Africa, Nigerian insuretech startup founder Henry Mascot unpacks the challenges and opportunities of insuring the continent.

UNAJUA S6 EP1: Is Africa's insurance industry poised for a steep growth trajectory? feat. Henry Mascot
Photo by Ulises Baga / Unsplash

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This UNAJUA series opener featuring Nigerian insuretech founder Henry Mascot features in-trench perspectives about Africa' growing insurance industry. Henry offers insights about the dynamics of insurance adoption, elucidating how economic development plays a vital role in its adoption. Listen in to hear why Henry believes Africa's insurance industry is poised for rapid growth.

Henry Mascot is the founder and CEO of Curacel, a Pan-African insurance technology platform that uses artificial intelligence to power claims processing and fraud management. Henry was previously growth executive at Amplified Payment Systems (acquired by OneFi; formerly Carbon) and is an angel investor in the crypto trading platform, Roqqu. Curacel recently secured $450,000 in pre-seed funding, with Consonance Investment Managers and Atlantica Ventures being the two leading investors.

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USEFUL RESOURCES:

RESEARCH PAPER: Africa’s Insurance Potential: Trends, Drivers, Opportunities and Strategies by Landry Signe (Policy Center For the New South)
ARTICLE: Africa’s insurance market is set for takeoff by Umar Bagus, François Jurd de Girancourt, Ra’ees Mahmood, and Qaizer Manji (McKinsey)
REPORT: Insurance industry in Africa - statistics & facts by Statista Research Department
ARTICLE: Insurance in Africa by PWC
ARTICLE: Unlocking new markets: Digital innovation in Africa’s insurance industry by Deloitte
ARTICLE: Africa Insurance Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 by IMARC Group
REPORT: Africa Insurance Barometer 2019 by Africa Insurance Organisation
VIDEO: Challenges facing Africa's Insurance Sector Business Africa by africanews
BLOG: 8 Challenges Threatening the Insurance Industry in 2020 by Coforge

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