ملتقى يناقش مساهمة "تكنولوجيا التأمين" في تحفيز النمو الشامل بإفريقيا

"BimaLab Africa" Summit: Empowering Inclusive Growth Through Insurtech

The second edition of the "BimaLab Africa" summit, focused on "Insurtech 2024", convened in Rabat, Morocco, bringing together key stakeholders in the insurance sector. This event was jointly organized by the Moroccan Insurance and Social Security Supervision Authority (ACAPS) and the development agency "FSD Africa". The summit centered on the theme "Promoting Inclusive Growth: Innovative Insurtech Solutions for Africa's Financial System."

Fostering Financial Inclusion and Economic Growth

The "BimaLab Africa Insurtech" summit brought together leading players in the insurance sector, including regulators, insurance companies, investors, and insurance ecosystem partners, along with prominent insurtech companies. The event aimed to explore how innovative technology can be leveraged to foster inclusive economic growth and expand access to affordable financial services across Africa.

Key Objectives:

• Exploring how innovative technologies can be harnessed to promote inclusive economic growth.
• Expanding access to affordable financial services across the African continent.
• Fostering collaboration between insurtech companies, insurance companies, and financial institutions.
• Strengthening the regulatory framework to support the growth of the insurtech industry.
• Creating an ecosystem that fosters innovation and promotes financial inclusion.

Empowering Innovation and Inclusive Growth

The summit highlighted the critical role of innovation in building a more resilient, accessible, and responsive financial system that meets the needs of Africa's population. The event showcased innovative Insurtech solutions developed by 25 companies from 16 African countries, which had successfully completed the "BimaLab Africa 2024" program. In Morocco, the program supported four innovative insurtech companies specializing in cybersecurity risk mitigation, microinsurance, and health technology.

Key Highlights:

• The summit featured discussions on the latest technological innovations and their impact on the insurance sector.
• The event showcased innovative Insurtech solutions from 25 companies from 16 African countries.
• The summit discussed strategies and policies aimed at strengthening financial inclusion through innovative insurance solutions while safeguarding consumer protection.
• The summit provided a platform for sharing best practices and knowledge to bridge the insurance protection gap in Africa.

Strategic Partnerships for Sustainable Development

The summit underscored the importance of strategic partnerships between insurtech companies, insurance companies, and financial institutions to create a conducive environment for sustainable and inclusive development. The event emphasized the need to develop innovative insurance products tailored to the specific needs of the African population, particularly in underserved communities. The "BimaLab Africa" summit served as a platform for fostering collaboration, driving innovation, and promoting financial inclusion across Africa. This initiative contributes to the broader effort to modernize and strengthen the insurance ecosystem in Africa, ensuring balanced and equitable development for all stakeholders.