Mobile platforms likely to phase out insurance agents

Safaricom CEO Bob Collymore (front left) during the roll out two years ago of M-Tiba, a platform developed by CarePay Ltd and PharmAccess. FILE PHOTO | NMG

The writing is on the wall for insurance agents, with the high number of providers turning to mobile platforms to sell cover.

Essentially, this means that those seeking insurance cover input their details using these platforms, pay using the same and have their stickers delivered, thus weeding out a role that would have been played by agents.

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Note: The results are not exact but very close to the actual.