Mtn Group And Mmi Holdings Announce Strategic Partnership To Provide Micro Insurance Services
MTN Group and MMI Holdings today announced the launch of a micro insurance joint venture, branded aYo. The joint venture will benefit from the scale, combined expertise and market access of both companies, to provide a strong basis to compete in a changing mobile financial services industry. The joint venture, branded aYo, will have a strong focus on delivering microinsurance solutions across the African continent Insurance penetration is low in many countries across Africa, and utilising the resources and capabilities that each of MMI Holdings and MTN provide, aYo will be able to improve this to offer relevant, accessible and easy to use insurance solutions to consumers....