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EKASINOMICS - aYo, an African Insurtech specialising in microinsurance solution

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GUEST – Julius Sikhuza – CEO of aYo

aYo, an African Insurtech specialising in microinsurance solutions, is an insurance platform provider and is jointly owned by telecommunications giant MTN and insurance group Sanlam.

aYo SA is the broker behind MTN’s newly launched Khava product MyMTN Prepaid Funeral Cover underwritten by Sanlam, to offer affordable device and funeral cover to all South Africans across any telecommunications network.

Sikhuza is no stranger to MTN. He was previously General Manager of Mobile Financial Services at the company, where he led the team responsible for the launch of the division - including payments, lending and insurance - as a new business unit. Before joining MTN, he was a Business Strategy Manager at insurer Old Mutual.

24 Jan 2024 3PM English South Africa Business News · Investing

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