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Future Trends Of Insurance In West Africa

Future Trends Of Insurance In West Africa

This article reviews insurtech leaders, digital innovation, regulatory-driven product growth, microinsurance criteria, AI adoption, fintech partnerships, and investor priorities shaping West Africa’s insurance and finance landscape.

April 21, 2025 10 min read Healthcare
Future Trends Of Insurance In West Africa

Q1. Could you start by giving us a brief overview of your professional background, focusing on your expertise in the sector?

I am a member of the Association for the Promotion of Actuarial Sciences (APSA) and have more than 10 years of experience in actuarial science and insurance. I have a master's degree in Actuarial Science & Mathematics of Finance and then a Master's degree in Physics; currently, I am the Managing Director at Soft Consulting, a consulting and financial engineering firm with technical expertise in actuarial science, finance, and IT operating in the fields of Insurance, Banking, Stock Exchanges and Pension Funds through the offers it provides in terms of Consulting, Study, Services and Training in partnership with consultants with solid experience in the national and international market.

I remain committed to innovation.

I am a recipient of the 6AAC Prize for Young African Researchers in Applied Actuarial Research (RAA2022 - AAA - ASG - IAA).

https://www.linkedin.com/posts/mark-nyl-henaku-a86b0013_6aac-iaa-6aac-activity-6945089872634249217-5Za_?utm_source=share&utm_medium=member_android | https://youtu.be/CawVGKepDnM | https://groupelematinal.com/6eme-congres-des-actuaires-africains-wilfrid-kouton-vainqueur-du-prix-de-recherche-actuarielle-appliquee/

Promoter of the African Insurer Gala
(https://youtu.be/_r3HjiurPic?si=Ht8uaAescTaWMCGZ | https://www.facebook.com/share/p/15d7xgsSh8/)

And the Grand Evening of Actuarial Auctions for Financial Inclusion in Africa (GSEA_IFA) -
(https://youtu.be/fe8lh4lcT0M?si=QhlNenjT8K9fyAhx) | https://youtu.be/fe8lh4lcT0M?si=emUp2O9mkugrngPS ;

Since 2022, I have been a certified expert consultant with the…

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