June 27, 2022
Insurance firms are summarily viewed as establishments meant to cancel or minimize the adverse consequences of unforeseen misfortunes and are expected to be viable and popular in societies these days. However, many insurance businesses face difficult challenges that seriously threaten their survival and existence due to lack of awareness, lack of trust, and increased competition. Public uptake of insurance on the African Continent is less than 1 percent and with the advent of Covid-19, the uptake decreased even further. On a positive note, the industry is witnessing a Digital Revolution following the Pandemic. Interview with Carol Athiyo – Business Development & Marketing Director – Minet Limited (Uganda):