Publication Date: 29-02-2024

MicroInsurance Services Wins BimaLab Africa's Excellence Award for Advancing Microinsurance Accessibility

MicroInsurance Services Limited (MIS) has been awarded the prestigious "Excellence in Advancing Microinsurance Accessibility" at the BimaLab Africa Accelerator Programme 2024. This recognition highlights MIS's impactful work in making insurance accessible to underserved communities, focusing on rural populations in Malawi. MIS's innovative solutions address the challenges of limited access to affordable healthcare and financial security, providing life-changing insurance products that integrate seamlessly with microfinance. BimaLab Africa, an initiative powered by FSD Africa and ACAPS, focuses on accelerating innovation in insurance and financial inclusion across Africa. The program provides mentorship and funding to startups that tackle key challenges in underserved markets. MIS’s grant acknowledges its work in expanding affordable, accessible microinsurance, with a focus on healthcare for rural populations in Malawi.