To expand, insurance industry must recognise women's evolving needs and preferences

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Women hold significant financial power as household breadwinners and business owners globally. PHOTO | SHUTTERSTOCK

Women hold significant financial power as household breadwinners and business owners globally. Despite this, they often remain overlooked as the target audience for various insurance solutions. Recognising the distinct behavioural preferences of women is crucial in understanding their role as consumers of insurance.

Certainly, when examining the realm of insurance and financial decision-making, it becomes evident that there are notable differences in behavioural tendencies between women and men.

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