Liberty Life Embraces Emerging Technologies

Lulu Rasebotsa
Lulu Rasebotsa

In order to combat disruptive insurance technology known as ‘insurtech’, Liberty Life Botswana has begun to rethink its model, focusing on a customer-oriented operational paradigm.

This became evident during its sixth annual insurance business breakfast seminar held in Gaborone last week under the theme, ‘Digital Disruption and the Impact of Technology on Insurance Underwriting’.

The life insurer’s managing director, Lulu Rasebotsa defined insurtech, a portmanteau of ‘insurance’ and ‘technology’, as a term applied to the many segments of new technology that are disrupting the insurance space.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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