Imran Mahomed is the CEO of aYo Holdings. The Fintech Times is the world’s first and only newspaper dedicated to fintech. Update In Relation To The Dilution By AEEI And Subscription By AYO Of The Interest In BT Communications 06.08.2018 Dilution by AEEI and Subscription by Ayo Technology of Interest In BT Communications Services South Africa Proprieta Products. Free and open company data on Mauritius company aYo Holdings Ltd (company number C136896), 5 President John Kennedy Street, Rogers House, Port Louis Toriola has a BSc Hons in Electronic and Electrical Engineering and an MSc in Communication Systems. Over half of the countries in Sub-Saharan Africa have an insurance penetration rate of less than one percent, and the picture isn’t much different across the rest of the continent. Advertise With Us aYo is a joint venture between telecommunications giant MTN and financial services group Momentum Metropolitan Holdings (MMH) – and Botha says it is the partnership with MTN that has unlocked the ability to deliver this product, with mobile networks providing the ideal delivery mechanism for the spread of microinsurance across the continent. Instructively, aYo intermediaries Ghana Limited is a subsidiary of aYo Holdings (Based in South Africa), a joint venture between MMI Holding and MTN Group, established to distribute insurance solutions to MTN subscribers in Ghana and Africa. The Fintech Times is the world’s first and only newspaper dedicated to fintech. Norris Kale. Moolman will return to South Africa, where he will assume the new role of Group Chief Risk Officer. Digital Economy. Modern Ghana Quote Reports. The main reasons for this are that traditional insurance premiums are financially out of reach for most people, and financial literacy levels remain relatively low. Published Bimonthly, the Fintech Times explores the explosive world of financial technology, blending first hand insight, opinion and expertise with observational journalism to provide a balanced and comprehensive perspective of this rapidly evolving industry. But this is slowly changing, as microinsurance starts taking off in some of Africa’s biggest countries, according to Marius Botha, Group CEO of African microinsurer aYo Holdings. One is the growing cost of storing and managing data from a compliance and regulatory perspective. Roodepoort I was mostly responsible for fulfilling adhoc requests on customer data. Islamic University in Uganda. aYo, a 50/50 joint venture launched in September 2016 between MMI Holdings and MTN Group, exceeded the one million clients enrolled milestone in Uganda in June. ABOUT US. “Another effect of Covid’s financial impact is that people with mid-range incomes are ‘buying down’ into the microinsurance space to cover their specific risks,” said Botha. Red and Yellow (University of Stellenbosch) Report this profile About Marice is a Group Head of Client Solutions with a BCOM business management. MTN Group and MMI Holdings, an insurance-based financial services player have launched aYo, a micro insurance solution for their customers across the Africa to increase penetration on the continent. Botha was formerly CEO of life insurer Stangen for nearly seven years, having previously held executive positions at African Bank and Munich Re. Until recently, microinsurance was largely an ‘opt-in or opt-out’ model. Notice of … Sun Country Airlines expects to grant to the underwriters a 30-day option to purchase up to an additional 1,363,636 shares of… That’s changing, as consumers start to demand more flexibility and choices in what they insure, and how they pay for it. aYo Holdings has appointed Marius Botha as its new group chief executive officer (CEO). Ivy Serwah Agyeman. Fatima Bhoola. AYo holdings Mar 2019 - Mar 2020 1 year 1 month. The initial public offering price is expected to be between $21.00 and $23.00 per share. If you are interested in working with us then please send us an email to the appropriate email address above. “Karl brings extensive technical and commercial experience, as well as a deep understanding of the Nigeria market to the role,” says MTN Group President and CEO, Ralph Mupita. People with low income need insurance even more than those with higher incomes because they are more vulnerable and have a smaller cushion of resources to draw upon in times of need,” said Botha, who sees five key trends emerging in the African insurance industry in 2021. Join to Connect aYo Holdings. roland baketunga. This diagram shows all companies directly and indirectly connected to AYO UGANDA LIMITED (SINGLE) via links of control or minority shareholdings. The African micro-insurance fintech business is a joint venture between telecommunication giant MTN and traditional insurer Momentum Metropolitan Holdings (MMH) – and it offers accidental hospital cover and life cover in Zambia, Uganda and Ghana with additional African countries launching in the very near future. Tele sales agent ayo holdings ltd. Mar 2018 – Present 2 years 8 months. About aYo Ghana aYo Ghana is a locally registered and initially wholly owned subsidiary of aYo Holdings Limited, a 50/50 joint venture between MTN Group and MMI Holdings. If you continue to use this site we will assume that you are happy with it. In his five years as VP of MTN’s WECA region, he has overseen the steady progress of the operating companies in the region, notably the turnaround of MTN Ivory Coast and MTN Cameroon over the past two years. Make a claim. Ayo has 2 jobs listed on their profile. We shouldn’t be asking for ID documents and evidence of hospital stays if we can access those through automated 3rd party data – and preferably, without having to store them later. Patience Akplagah. CEO at aYo Holdings (joint venture between MTN and MMH) City of Johannesburg. The microinsurer, which began its roll out in Uganda in January 2017 provides pre-paid MTN customers with free and paid-for life and/or hospital cover each time they load MTN airtime. aYo Ghana wants to create a future where everyone in Ghana has access to and uses insurance. PR & Editorials Jobs Adrian Kloke CA(SA) Adrian Kloke CA(SA) Chief Financial Officer at aYo Holdings (Joint Venture between MTN & MMI Holdings) City of Johannesburg. Commenting on the partnership, Herman Singh, … Microinsurance starts moving up the value chain. As the pandemic took hold in Africa, WhatsApp and other instant messaging platforms surged in popularity. Polly is a journalist, content creator and general opinion holder from North Wales. Uganda. One example of this is hospital cash plans and preventative health strategies, which are commonplace in mainstream insurance but have largely excluded people at the bottom of the economic pyramid until now. “In-depth knowledge of clients, and access to 3rd party data, is critical in the microinsurance service environment. Minority holdings are shown as faint lines. Recharge with Care; Send with Care; How to sign up? aYo Holdings: Microinsurance Ready to Reach New Heights in 2021. by Polly Harrison February 23, 2021 February 22, 2021. The aYo offering will be rolled out in a number of African countries from the end of 2016. DIFC Academy and EIBFS Partner to Enhance Financial Training, dLocal and Lightspeed Partner to Power Payments for Mexican Merchants, Why Remittances Are a Global Lifeline During the COVID-19 Crisis, Further and Trustedoctor Merge to Provide End to End Digital Insurance Solutions, Wahed Invest Launches UK’s First Easy Access Digital Halal Investment Platform, Over 50% of Financial Institutions Admit Covid-19 has Disrupted LIBOR Transition Plans, Yapily: Europe’s Next Move in Open Banking Regulation, Stripe Valuation Hits $95Billion After Latest Funding Round. See the complete profile on LinkedIn and discover Ayo’s connections and … Transformed. The emergence of new technologies and services is enabling a range of value-added services for microinsurance users. RYBROOK HOLDINGS LIMITED | 15 followers on LinkedIn. “The key to microinsurance is that it protects those who need it the most. Joan Kyasimire. AYO Technologies Inc. is a leading distributor and system integrator of equipment and software specialized in the fields of both electron and light microscopy, medical and industrial imaging hardware & software. AYO disrupts business sector as its investment portfolio reaches R6 billion. He holds an honours degree in actuarial science and an M.Phil in Futures Studies. The better we know our clients, the more we can predict; the more we can predict, the less admin and onerous processing they need to endure,” said Botha. In fact, … Survé and Sekunjalo, according to Ayo, “hold only an historical nominal direct interest in Ayo equivalent to 0.015% and 0.00038% of the issued share capital of Ayo respectively.” Islamic University in Uganda. In simple terms, microinsurance allows people with low incomes and in the informal sector to protect themselves for specific events – like hospital cover for accidents, for example – quickly and cheaply. View Ayo Maji’s profile on LinkedIn, the world’s largest professional community. AGM. Report this profile; Experience. zambia insurance business. If the graph is too big to see on one page, you can click and drag to pan around, and use your mouse wheel to zoom. ITNewsAfrica provides unparalleled insight into enterprise IT trends, innovation and technology in Africa to the most discerning professionals, entrepreneurs, investors and IT decision-makers. Avex David Student at Makerere University Namasuba. It aims to make insurance relevant, accessible and easy to use. Telesales Specialist at aYo Holdings Greater Accra, Ghana. IT News Africa – Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports, Microsoft’s Surface Book 3 to Rollout in South Africa, Ukheshe and Infobip Launch the First WhatsApp Payment Gateway in South…, REVIEW: Real Life Instagram Thanks to the Instax SQ1, Sandton City Launches its Digital Mall Platform on Nedbank’s Avo App, Security and Medical Response Platform, Aura Expands to Kenya, aYo Holdings Appoints Marius Botha as CEO, Altron People Solutions Partners with LivePerson to Deliver AI-powered Messaging for Better Customer Experiences, O-CITY Drives Contactless Bus Payment Initiative in Kenya, Ukheshe and Infobip Launch the First WhatsApp Payment Gateway in South Africa, Liquid Telecom Unveils New Identity and Pan-African Strategy, Huawei and MTN South Africa Launch a New and Secure Payment Solution, Entertainment Industry Meets Demand for Content with New Innovations in Soundstage Design, Facebook Unveils Instagram Lite for Android, MTN Nigeria Acquires Additional 800MHz Spectrum, Ajala Hosts Webinar on Artificial Intelligence and African Enterprises. “Karl started his MTN career in his home country at MTN Nigeria 14 years’ ago and has all the attributes necessary to lead this very important business into the future.”. aYo Holdings has appointed Marius Botha as its new group chief executive officer (CEO). Join to Connect Bamico Holdings Ltd. Report this profile Experience Managing Director Bamico Holdings Ltd ... Dr. Ayo Bamisile CEO at BAMICON LIMITED Nigeria. MTN Group has appointed Karl Toriola, current VP for MTN Group’s West and Central Africa (WECA) region, as the new CEO of MTN Nigeria – effective 1 March 2021. GLOBAL LOGISTICS SERVICES LIMITED Logistic and Haulage Company with vast ownership of long trailers hauling commodities such as; Cement, Fertilizers and Flour and other legitimate goods. Now microinsurers are looking to use these platforms to interact with their customers, providing a richer, simpler and more engaging experience in the process. Fact Sheet About the CEO. We use cookies to ensure that we give you the best experience on our website. 2 talking about this. AYO Technology Solutions Limited | 374 followers on LinkedIn. The two are the first products launched by aYo – a joint venture between MTN and MMI Holdings – announced in September last year. When it comes to data management, microinsurers face two issues. Africa aYo Holdings insurance insurtech marius botha microinsurance. ... General Manager at Guardian Health Limited. Partnerships. Here he discusses the rise of microinsurance in Africa, as much of the population is underinsured. Isaac Debrah Asirifi Applied Scientist (Data and AI) Toledo, OH. Ivy Serwah Agyeman ACTUARIAL, INSURANCE Accra. About Andrew Nkolola is Chief Executive Officer at microinsurer aYo Zambia, a joint venture between MTN and financial services group Momentum Metropolitan Holdings (MMH) that provides affordable, easy-to-use digital insurance solutions to more than 1million Zambians. Sun Country Airlines Holdings, Inc. today announced the launch of its initial public offering (IPO) of 9,090,909 shares of its common stock. Report this profile Activity Did you know that Africa is one of the most under-insured continents in the world? aYo was formulated to … Isaac Debrah Asirifi. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity. The industry can expect an increased choice of collection mechanisms in 2021. ayo holdings ltd. Islamic University in Uganda. © Disrupts Media Limited 2018, All Rights Reserved | Website hosted & maintained by, aYo Holdings: Microinsurance Ready to Reach New Heights in 2021. The second is the trend towards greater automation in how they process claims, and where possible, remove the need for customers to provide documents.