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Scaling insurance to close the protection gap in Africa
Financing Africa’s Future
16 minutes
2 days ago
Scaling insurance to close the protection gap in Africa
Only one in ten African households has insurance, but innovation is rapidly changing that reality. In this episode of Financing Africa’s Future, we sit down with Elias Omondi, Principal for Innovation for Resilience at FSD Africa, to explore how new models are expanding coverage and strengthening financial resilience across the continent.
From microinsurance and parametric climate products to regulatory sandboxes, insurtech acceleration and the pioneering BimaLab programme, Elias unpacks the solutions bringing affordable, accessible protection to informal workers, smallholder farmers and low-income households.
This episode offers a sharp, compelling look at how insurance innovation, climate-risk finance and inclusive design are reshaping Africa’s risk-protection ecosystem.
Listen now and subscribe for more insights on how financial innovation is transforming lives across Africa.