About the Book
Innovation in Insurance for Africa:
Alternative Distribution Channels is a book which provides a deep dive reference for one of the most challenging topic in insurance development in Africa today – Distribution.
It captures the position of distribution and various channels roles in distribution with a hind sight on history of insurance sales.
Various ADCs have been analyzed including their strengths and weaknesses. Inclusion aspects are covered in terms of strategy, tools and rural population access.
The future has been prophesied in terms of ICT developments, role of innovation and the future of ADCs. The climax of the book is on the potential for creating wealth brought by ADCs and finally modern issues for compliance by the ADC are captured as risk management component of the business.
The book is enriched by privileged interviews with frontline teams on the insurance distribution including direct sales force, individual agents, corporate agents, bancassurers, MNOs, aggregators/insurtechs and insurance brokers.
Robust rapid research was conducted to gather stories and case studies worth being recorded. Readers with a passion to understand insurance intermediation will find this authorship very useful.
All feedback and comments with intent to improve the quality of the book are highly valued