EP 224 – Adedamola Oloko and Victoria Olorunmola – AXA Mansard – A Deep Dive into Africa’s InsurTech Evolution

Asia InsurTech Podcast

In a truly fascinating episode of the Asia InsurTech Podcast, Damola Oloko and Victoria Olorunmola dive deep into the transformative potential of InsurTech across the African continent. Highlighting the critical importance of tailoring insurance technology solutions to local cultures and consumer behaviors, they discuss how understanding regional nuances can drive the adoption of insurance products. From the success of funeral insurance in Ghana, rooted in deep cultural traditions, to leveraging Africa’s youthful, digital-first demographic, the conversation underscores the unique opportunities and challenges that shape the InsurTech landscape in Africa.

The dialogue also sheds light on the power of storytelling and community building in enhancing insurance literacy and fostering a collaborative ecosystem for innovation. As professionals who transitioned from communications to the forefront of InsurTech, Victoria and Damola exemplify the impact of bringing diverse perspectives to the sector. Their journey underscores the significance of adaptability, continuous learning, and the collaborative spirit in driving the future of insurance, offering valuable lessons not just for Africa, but for global markets navigating the complexities of InsurTech.

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