Closing the protection gap

BIMA & Hannover Re

The insurance penetration in emerging markets is low, often due to expensive and complex insurance products. We partner with health tech companies, like BIMA, to help life insurers to close this protection gap and to enable them to offer through mobile technology affordable and easy-to-use insurance and health products for underserved consumers.

In a strategic partnership with Hannover Re, BIMA is revolutionising access to insurance in emerging markets, using mobile technology to provide underserved consumers with affordable and intuitive insurance and health solutions.


  • Affordable and easy-to-use insurance and health products for underserved consumers via mobile technology
  • Premiums can be divided into micro-instalments deducted from the customer’s airtime credit
  • Simple registration via SMS or call

Target group

  • Insurers in emerging markets


  • Sweden

Hannover Re’s contribution

  • Global standardised reinsurance contracts
  • Risk transfer to close the protection gap and to facilitate BIMA’s international expansion
  • Access to global network for obtaining local pricing and regulatory compliance knowledge