Manage episode 270244902 series 2762032
In Peter Thiel's book Zero to One, Peter talks about during the modernization of China, as they copied and pasted technologies from the Western world, they were able to leap over many of our legacy technologies and skip to our modern ones, like skipping landline communications and directly install digital mobile infrastructures. This seems quite similar to what insurance and technology are doing in Africa. In this episode, I spoke with Damola Oloko, host of the Insurtech Business Series. We discussed companies in his homeland of Nigeria and others on the African continent who are leveraging technologies such as WhatsApp and Facebook Messenger to reach a growing young, educated, and tech-savvy population for targeted microinsurance products.
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