Developing innovative leaders for Africa’s millennial insurance market.
ARE YOU READY FOR THE OPPORTUNITY PRESENTED BY AFRICA'S GROWING INSURANCE INDUSTRY?
Africa’s combined Gross Domestic Product will be $2.6 trillion by 2020- McKinsey 7 Company’s report ‘Lions on the Move: The Progress and Potential of African Economies’
Over the next five years, Sub-Saharan Africa’s share of global GDP will more than double, making it the world’s fastest growing economic zone, outpacing Asia’s regional average- The Economist Corporate Network
“The insurance market is closely linked to economic growth. When incomes rise you have more insurable assets.”
- Lukas Mueller
Head of North and Sub-Saharan Africa at reinsurer Swiss Re
Insurance premiums in Africa are now valued to be worth over 43 billion U.S. dollars.
Mobile internet penetration rates in Africa are forecasted to rise to 37% by 2020, giving insurance firms new avenues to reach consumers.
Technology has revolutionized insurance capabilities in Africa with with integrative solutions such as satellites to assess agricultural claims.
BRINGING THE ALU MODEL OF LEADERSHIP TO AFRICA'S INSURANCE INDUSTRY
The insurance markets of today are deviating and growing rapidly, providing new opportunities that have never existed before. The skills and needs of the industry are shifting.
FOR THE JOBS OF TOMORROW
In addition to the traditional need for underwriters and claims managers; the industry also needs big data analysts, system programmers, and mobile digital marketing specialists. The industry of tomorrow is broader than life insurance and auto insurance; leaders in this industry are solving to insure for new economies, changing behaviours and creating technology to insure across the continent.
In order to succeed in this new emerging dynamic insurance market, insurance professionals will need to have strong leadership and critical thinking skills, profound knowledge of business of insurance and understand how to leverage disruptive advances in technology.
ALU has partnered with companies of Africa to create School of Insurance to address future talent needs of this industry with immense opportunity.
Benefit from our collaborative partnership structure and the access it provides to resources, guest experts, internships, and a network of industry leaders. Our ability to bring Africa’s largest insurance providers to one table gives us a foundation unlike any other and sets us apart from all other insurance schools.
We are impacting every level of learning and creating learning opportunities for students of all levels, from undergraduate to middle manager level to ensure we develop leaders at every level.
We challenge you to think outside the box and solve for tomorrow’s big problems with today’s big solutions!
OUR CURRICULUM EMPOWERS STUDENTS TO LEAD AND SET THE MARKET’S NEXT BIG TRENDS
We equip students with the interdisciplinary skills and critical thinking necessary to integrate social, business, technology, and culturally relevant factors in developing the insurance products of tomorrow. We are cultivating leaders to analyze big data, design user interface, and digitally market new products.
TECHNOLOGY & CULTURE
Integrative technology and solutions specific to the African market.
Internships with top ranking insurance companies.
Seasoned industry professionals teach subjects in their areas of expertise.
Partnerships with companies positioned at the forefront of the industry.
Powered by Partnership
Our partnerships allow us to offer our students maximum exposure to professional opportunities and resources.
Thank you to each of our partners who helps fuel the mission of ALU School of Insurance.