Africa’s insurance market is growing rapidly despite the impact of the pandemic, it says.
Eventual prudential requirements may follow lead being set for banks by the ECB.
The insurer has hired the chief financial officer of Farmers Group.
Liberty Specialty Markets and SCOR were the first group of insurers to support CTP.
ABI plays a significant role in shaping the insurance and long-term savings market.
The underwriting capacity and claims management is provided by AGCS.
The move is in response to the growing demand for Islamic driven solutions in the market, says broker.
He was a founding team member of the e-trading marketplace, and previously worked at Morgan Stanley.
It is a private medical insurance specialist formed in 2015.
The new hire will underwrite a broad array of financial institutions coverage.