South Africa’s MobiLife app debuts first ever web based insurance

New technological start-ups are disrupting the status quo of many traditional industries.

The insurance industry has been one of the worst disrupted by technology. It’s estimated that insurance companies in South Africa will lose 25% of their business to FinTech companies by 2020.

A tech start-up called MobiLife is now threatening to shake up the life further in South Africa with its new mobile-based insurance offering.

 

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