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

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

Pakistan’s COVID-19 Positivity Rate Dips, But ‘We Aren’t Out of the Woods’, Official Tells VOA

ISLAMABAD – Pakistan reported Monday that the national coronavirus positivity rate had remained well below 5% over the past week, with the country’s top health official attributing the declining trend to “effective” government policies, including restrictions on public movement and effective screening of international travelers.

Officials recorded 43 deaths and detected more than 2,100 new cases in the last 24 hours, raising the national tally of deaths to nearly 21,000 and infections to more than 921,000 since the pandemic hit the South Asian nation early last year.

The national positivity ratio decreased to just over 4% from more than 11% a couple of weeks ago.

Last week, health authorities reported the detection of the first case of a fast-spreading variant of the coronavirus which has caused record infections and deaths in neighboring India, threatening Pakistan’s gains against the disease.

But Faisal Sultan, an infectious disease physician who is also special assistant to the prime minister on national health services, told VOA that an “effective” screening system for international travelers and other measures to deal with the health crisis have so far enabled the country to keep the situation under control in a country of about 220 million.

“I would say we are not out of the woods yet, but it seems at this point that I don’t foresee an India-like situation,” Sultan, who is directing all health-related interventions and measures against the pandemic, told VOA in a detailed interview at his office in Islamabad.

He noted that while his team has also detected a few cases of the variants prevalent in South African and Brazil, Pakistan is one of nearly 100 countries where a variant first detected in Britain, known as B117, is currently predominant.

“A large part of this wave that they [India] are going through, at least as best as I am aware, it was B117, and it was not necessarily the Indian variant that was doing it,” he said.

Vaccination drive

The Pakistani government announced Monday that later this week it would begin scheduling vaccinations for citizens 18 years old and above. The free national drive has so far inoculated more than seven million people, with officials reporting the number of daily vaccinations growing to fewer than 400,000.

Sultan said more than 70% of about 900,000 health care workers across Pakistan have been vaccinated so far. He added that the government intends to vaccinate 70% of the 100 million eligible population by the end of this year.

“We really do think that to reach our targets, we need to go over the 500,000 a day mark, perhaps the 600,000 a day mark. So, I think that we really need to ramp up our vaccinations.”

Sultan said government surveys have found that “at least two-thirds” of the Pakistani population is willing to get vaccinated.

“So, the vaccine centers will have to go close to their homes. It will have to be easy and accessible. It will have to be so easy that in the United States, even normal retail pharmacies were allowed to do the vaccination,” he said.

Sultan said the government really needed “to get at least a quarter of its population” in dense urban areas vaccinated before Pakistan “can even talk about any relaxation” in coronavirus-related restrictions, including asking those inoculated against the disease to remove their masks.

Health care system

Prime Minister Imran Khan’s government, which took office in August 2018, has from the outset focused on the country’s underfunded and largely neglected national health care system.

The focus, Sultan noted, enabled the government to timely position itself to combat the pandemic, despite critical economic challenges facing Pakistan.

“We added over 7,000 oxygenated beds into the health care system across Pakistan. The second expansion that was done is even more important — a 66% increase in the medical oxygen capacity was done. Had we not done that, we would have faced a crisis. We came to about 90% capacity in the ongoing third wave,” Sultan explained.

Pakistan initially received vaccine donations from close ally China to launch the national vaccination drive in early March before purchasing large quantities of vaccine doses to ensure supplies for the national campaign.

“They came out, gifted us the first lot, although we had told them we can pay for it. But they insisted. I think it speaks volumes about the level of trust and cooperation between China and Pakistan,” Sultan said.

The Pakistani government is using the Chinese-made Sinovac, Sinopharm and CanSino vaccines. It has also received just over a million doses of AstraZeneca under a United Nations-backed program for poor nations, known as COVAX.

Pakistani officials say they are in conversations with several suppliers, and the government will have procured about 20 million additional vaccine doses by end of July.

“The only challenge is, in an environment where everybody wants the vaccine, to have a steady supply so that you don’t run out of it. This is a challenge that will stay for the rest of the world,” Sultan said, noting that Pakistan was in talks with several suppliers to secure enough doses to sustain domestic supplies.

Beijing has also trained Pakistani staff and established a facility at Islamabad’s National Health Institute, where the one-dose CanSino vaccine is being filled from the concentrate provided by China. Sultan noted that the rare facility has the capacity to roll out about 3 million doses of CanSino a month to help boost the vaccination drive.

“It may be a small step for us that we have started filling the vaccine from concentrate. But it is a vital step toward actually manufacturing the vaccine in Pakistan, and I think it may take a few months,” he said.

Source: Voice of America