Micro Insurance Company and ImaliPay Partner to Deliver Digital Insurance Products to Africa’s Gig Workers

Micro Insurance Company x ImaliPay

Partnership

NEW YORK, May 31, 2021 (GLOBE NEWSWIRE) — MicroEnsure (now part of the Micro Insurance Company) and ImaliPay are partnering to deliver digital insurance products to Africa’s gig workers. These unique insurance products will provide this underserved sector with a safety net, so when the unexpected happens, people are able to bounce back swiftly.

Micro Insurance Company (MIC) is focused on providing end-to-end microinsurance products to the mass market at affordable premiums. ImaliPay is a fast-growing Pan African and VC-backed financial services platform focused on offering credit, savings, and insurance via a single channel or API to Africa’s gig economy platforms. ImaliPay deploys short-term finance easily and quickly to enable their customers to generate more revenue from their gig work.

ImaliPay is partnering with MIC to deliver insurance products to their growing customer base of gig workers in Kenya. This partnership will empower gig workers by providing insurance tailored to their needs and their level/proportion of income generation. Furthermore, the addition of this insurance product will help improve the quality of life for delivery, ride-sharing, and mobility sector workers.

The majority of gig workers, especially in the ride-sharing sector, remain active despite the Covid-19 pandemic. Due to the nature of their jobs, they remain at high risk for contracting Covid-19 with minimal access to insurance coverage to protect them. Therefore, this insurance product being offered through the partnership between MIC and ImaliPay will cover Covid-19 as well as a range of other risks including health, death, disability, and property destruction.

Micro Insurance Company brings its comprehensive trajectory and track record in providing microinsurance which ImaliPay will leverage to provide insurance products to its customers.

Ms. Wairimu Njoki, Country Manager, MicroEnsure East Africa, says: 

“We are delighted to be partnering with ImaliPay to boost the rising gig economy by providing social protection through innovative, need-based insurance. This is in line with our audacious goal of insuring the 4 billion un/underinsured lives globally.”

Uptake of insurance remains low in Kenya, with poor product design and constrained distribution channels contributing to low insurance penetration levels. MIC and ImaliPay join forces to address both of these issues – using ImaliPay’s platform as a route to access these services along with their knowledge of the gig workforce, and MIC’s expertise in product design to ensure optimal product consideration and adjusted premiums.

Tatenda Furusa, Co-founder of ImaliPay, says:

“At the very heart of our business, we are concerned with re-defining our customer experience by providing a wider product basket and prioritising the products that are most important/necessary to our customers. Insurance sits right at the forefront of our customer needs and we’re happy to be catering to those needs with this collaboration.”

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a03b4557-90ee-4a47-9930-15ef8fe577c7

For more information, please email hello@imalipay.com or visit https://imalipay.com/ or email kenya@microensure.com or visit https://microinsurance.com/.

Marine Online’s Global Connectivity Sustains Full Service Shipbroking

Vessels’ ship sales and purchase unfazed by pandemic

SINGAPORE, May 31, 2021 /PRNewswire/ — Across the last decade, the global shipbroking market enjoyed growth from various drivers including increasing global seaborne trade, falling oil prices, swift economic growth and rising energy consumption. Unfortunately, the pandemic disrupted shipping industry, and made its way into vessel sales and purchase.

Travel restrictions made it significantly harder for buyers to source for the right ships. Similarly, a smaller pool of buyers compelled sellers to release their vessels at a loss. Tightened safety controls thwarted vessel inspections which further threatened sales and purchase – causing buyers and sellers to reconsider their decisions.

Marine Online helps both buyers and sellers bypass disruptions in vessels sales and purchase. Unrestricted geographically, its platform offers a broad network, acting as an effective bridge between both buyers and sellers. Surveys can also be carried out by Marine Online’s authorised service providers worldwide upon a successful transaction.

Bharat Bahl, Marine Online’s Sales and Purchase Manager highlighted: “In this challenging economic climate, our platform effectively converges all buyers and sellers. Additionally, our wide network of authorised service providers is able to carry out necessary surveys, clearances and other marine services wherever the vessel is located. Marine Online’s team of experienced professionals would be overseeing the whole process, ensuring smooth and secure transactions.”

Marine Online is a client-centric platform providing maritime professionals with effective vessel sales and purchase solutions. To date, Marine Online has transacted for both buyers and sellers worldwide including Indonesia, China, Singapore and Vietnam.

About Marine Online (Singapore) Pte Ltd

Marine Online is the world’s first one-stop integrated platform specialising in maritime services for the global market. Launched in 2019, it has provided various maritime services through its revolutionary A.I and Big Data enabled platform to regional ship and cargo owners. With its portfolio of 8 major services, Marine Online shapes the future of maritime by using cutting edge technology to create business opportunities and connections. For more information, visit marineonline.com

Mindray Defines Future of Imaging Technologies with New General Imaging, Women’s Healthcare and Cardiology Ultrasound Solutions

SHENZHEN, China, May 31, 2021 /PRNewswire/ — Mindray (SZSE: 300760), a global leading developer and provider of medical devices and solutions, has announced the launch of its new General Imaging, Women’s Healthcare, and Cardiology ultrasound solutions on May 28, 2021. Underpinned by the theme “Innovation Defines”, each solution is specifically designed to increase the strength of diagnostic evidence available to doctors to ensure better patient care.

Mindray Defines Future of Imaging Technologies with New General Imaging, Women’s Healthcare and Cardiology Ultrasound Solutions

“For over 30 years, innovation has been deeply-rooted in Mindray’s DNA. With hospital systems growing and expanding, it is imperative for the healthcare industry to continue to go beyond designing individual products to engineering connected healthcare solutions. It is with this holistic view that we can ensure an improved healthcare experience for patients, whilst helping to expand clinical capacity,” said He Xujin, General Manager of Mindray Medical Imaging Systems. “The launch of our latest ultrasound solutions marks a milestone for Mindray, as we continue to pioneer new platforms under the guiding principle, ‘Innovation Defines’”.

Mindray’s General Imaging ultrasound solutions are equipped with a number of advanced technologies, including high frame rate contrast-enhanced ultrasound (HiFR CEUS), comprehensive HiFR elastography, and enhanced quantification measurement for a new level of image clarity. These features provide clinicians with extensive tools for more precise diagnosis and treatment — giving them reinforced confidence for improved patient outcomes.

The Women’s Healthcare ultrasound solutions offer a diversified range of expert tools that includes Smart Scene 3D, Smart Planes CNS, Smart ICV, Smart Pelvic and Smart ERA. These features have been designed and inspired by the daily work of clinicians with the aim of enhancing efficiency for OBGYN applications, including IVF, neonatal and postpartum.

For cardiovascular clinicians, Mindray’s new Cardiology ultrasound solutions include TEE imaging, HiFR V-Flow, Wall Shear Stress (WSS), real time IMT. These technologies allow for truly accurate visualization, which arms clinicians with extra evidence for diagnostic certainty.

Mindray draws upon its deep insights into unmet clinical needs to provide clinicians with comprehensive imaging solutions that allow for precise diagnoses and treatments across different applications. The three latest medical imaging solutions combine extraordinary technologies with smart applications and an intuitive workflow that elevates the quality of clinical data to a higher level. At the same time, patients can benefit from faster medical imaging and more accurate detection of potential complications, all at the point of care.

Photo – https://mma.prnewswire.com/media/1516663/Innovation_defines.jpg

China Reimposes Travel Curbs on Province After Virus Cases

BEIJING – China on Monday reimposed anti-coronavirus travel controls on its southern province of Guangdong, announcing anyone leaving the populous region must be tested for the virus following a spike in infections that has alarmed authorities.

Guangdong, which borders Hong Kong, recorded 20 new confirmed cases, all contracted locally, in the 24 hours through midnight Sunday. Guangdong’s numbers are low compared with many places in the world, but the rise has rattled Chinese leaders who thought they had the disease under control.

People leaving Guangdong by plane, train, bus, or private car after 10 p.m. on Monday must present results of a nucleic acid test within the past 72 hours, the provincial government announced. It said testing stations for truck drivers would be set up on major roads.

The government of the provincial capital, Guangzhou, a business center of 15 million people, ordered mass testing after locally acquired infections were found beginning May 21. The government said 700,000 people had been tested through last Wednesday.

China had relaxed most restrictions on domestic travel after the ruling Communist Party declared the virus under control last March. Travelers arriving from abroad still must be tested.

On Saturday, residents of one Guangzhou neighborhood were ordered to stay at home for door-to-door testing. In some areas, outdoor markets and child care facilities were closed and in-person grade school classes and indoor restaurant dining canceled.

China reports a handful of new cases every day but says almost all are believed to be people who were infected abroad. The mainland’s official death toll stands at 4,636 out of 91,099 confirmed cases.

Source: Voice of America

France, England Expand Availability of COVID-19 Vaccines

To fight a rise in cases caused by the coronavirus variants, France and England moved Monday to increase vaccinations.

France is now allowing all adults to receive COVID-19 vaccinations. President Emmanuel Macron and his wife, Brigitte, were vaccinated Monday.

“Like Brigitte and I, like 25 million French people have already done, let’s get vaccinated! To protect ourselves, to protect our loved ones,” Macron, who contracted the disease caused by the coronavirus in December, tweeted.

As of Monday, France had confirmed more than 5.7 million cases of COVID-19 and 109,690 deaths caused by the disease, according to the Johns Hopkins Coronavirus Resource Center.

In Britain, health officials opened London’s Twickenham rugby station as a mass vaccination site. No appointments were required. The country, which is experiencing a rise in coronavirus cases, is trying to contain a fast-spreading virus variant that was first identified in India and accounts for most of its new cases.

The United Kingdom had confirmed 4.5 million COVID-19 cases on Monday, and 128,044 deaths.

Beginning June 7, Germany plans to make the coronavirus vaccine available to all people older than 16.

As of Monday, Germany had nearly 3.7 million confirmed cases of the coronavirus and 88,469 deaths, according to Johns Hopkins Coronavirus Resource Center.

Variants renamed

The World Health Organization, responding to criticisms that the scientific names of the various coronavirus variants were too complicated or stigmatized certain countries, on Monday assigned the variants letters of the Greek alphabet.

The four main variants are generally referred to as the Brazil, India, South Africa and U.K. variants. Critics have told the WHO the scientific names were too complicated. For example, the so-called South African coronavirus variant goes by several names, such as B.1.351, 501Y.V2 and 20H/501Y.V2.

The variants’ scientific names will remain the same, the WHO said. The change affects the names given the variants when being discussed with the public. The U.K., South Africa, Brazil and India variants have now been given the letters Alpha, Beta, Gamma, Delta, respectively, according to the order in which they were detected, the WHO said.

“No country should be stigmatized for detecting and reporting variants,” WHO COVID-19 technical lead Maria Van Kerkhove tweeted.

The WHO has listed all the variants and their corresponding Greek alphabet designation on its website.

Historically, viruses have often been associated with the locations from which they are thought to have emerged, such as Ebola named after the eponymous Congolese river, according to Reuters. However, the naming can be inaccurate or damaging, as with the so-called Spanish flu pandemic of 1918, the origins of which are unknown.

Peru toll revised

Also Monday, Peru Health Minister Oscar Ugarte revised the coronavirus death toll for the country, from 69,342 to 180,764.

“What is being said is that a significant number of deaths were not classified as caused by COVID-19,” Ugarte said, adding that the criteria for assigning COVID-19 as the cause of death was changed. Previously, only patients who “had a positive diagnostic test” were considered to have died from the coronavirus, he said.

The criteria were broadened beyond people who tested positive for the virus to include probable cases with “an epidemiological link to a confirmed case,” according to a panel composed of experts from public and private health entities in Peru and from the World Health Organization, the Agence France-Presse reported.

The country’s death toll had been questioned since early last year, and experts warned the death toll was being undercounted.

Vietnam ramps up testing

Because of a recent surge in coronavirus cases, all 9 million residents in Ho Chi Minh City, Vietnam’s largest city, will be tested for the coronavirus, city officials said.

The state newspaper, Vietnam News, said the city has a testing capacity of 100,000 samples a day, according to The Associated Press.

The country has been battling a surge in the coronavirus since the end of April, tallying more than 4,000 cases. Since early last year, Vietnam has had only 7,321 confirmed cases of the virus and 47 deaths, according to Johns Hopkins.

China restricts travel

Meanwhile, China reimposed on Monday travel controls on Guangdong province after the region recorded 20 new confirmed COVID-19 cases in the 24-hour period ending at midnight Sunday.

Provincial officials said that anyone leaving the province, which has a population of 113.4 million people, must provide the results of a nucleic acid test within the previous 72 hours.

As of Monday, China had recorded 102,991 confirmed cases of COVID-19 and 4,846 deaths, according to Johns Hopkins.

Source: Voice of America

WHO Calls for 20 Million COVID Vaccine Doses for Africa 

GENEVA – The World Health Organization is asking for 20 million doses of COVID-19 vaccine for African countries to administer second doses to those who have received their first shot.

After three weeks of declining rates of COVID-19 infections in Africa, the World Health Organization is reporting an increase in cases.  It says its latest figures of more than 4.7 million cases, including 128,000 deaths indicate a 17% rise over the previous week.

WHO regional director for Africa Matshidiso Moeti says she is concerned, but that it is too soon to tell whether Africa is on the cusp of a third wave.

“While it is too soon to say if Africa is seeing a resurgence, however, we are seeing increases in a number of countries, we are monitoring the situation very closely.  And we see that we are balancing on a knife’s edge,” she said. “So this makes the rapid rollout of COVID-19 vaccines all the more important.”

Moeti says South Africa accounts for nearly one-third of the 65,000 new cases reported by WHO.  She says she fears new variants of the virus circulating in South Africa may be spreading into neighboring countries.  She notes Namibia and Zambia are among 11 African countries experiencing more cases.

So far, 28 million COVID-19 doses of different vaccines have been administered in Africa, a continent of 1.4 billion people.  Moeti says Africa needs at least 20 million second doses of the Oxford-Astra Zeneca vaccine by mid-July to give everyone who has received the first dose full immunity.

“Africa needs vaccines now.  Any pause in our vaccination campaigns will lead to lost lives and lost hope,” she said.  “Another 200 million doses are needed so that the continent can vaccinate 10% of its population by September this year.”

Moeti appeals to countries that have vaccinated their high-risk groups to share their excess doses with Africa.  She notes France is the first country to donate tens of thousands of doses to Africa from its domestic supply.

WHO says the European Union has pledged more than 100 million doses for low-income countries and the United States has promised to share 80 million doses with lower-income countries.  Other wealthy countries have said they will follow suit.

 

Source: Voice of America