Microinsurance firm, ayo Uganda announces one million customers

Photo Credit: Bigeye (Twitter)

aYo Uganda has hit one million customers in less than 2 years of existence in Uganda. With a joint venture between MTN and MMI Holdings, aYo was formulated to have a strong focus on delivering micro-insurance solutions across the African continent.

While addressing the media at Kati- Kati Restaurant, the Chief Executive Officer aYo Uganda, Edwin Kwesiga, noted that this milestone cements the fact that aYo is the fastest growing microinsurance company in the country today.

“We are happy to announce that our customer base has grown to 1 million. This means we have been able to build trust in our valued customers, we have always been committed to serve and provide our customers with innovative products” he said.

“I would like to thank our Customers, the Government, and the Regulator, as well as partners for their loyalty and contribution to the growth of the aYo brand over this one year.” Kwesiga further noted

aYo Uganda plans To make insurance relevant, accessible & easy to use & thereby adding value to & improve the lives of all Ugandans.

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aYo Uganda opened its doors to the Ugandan market in January 2017 with 2 products namely aYo Recharge with care and aYo Send with care. aYo Recharge with Care offers MTN pre-paid customers an easy way to get FREE hospital or life cover whenever you load MTN airtime. Adding aYo Send with Care to the MTN Mobile Money transfers means that, in the unfortunate event of your passing or should you be hospitalized for a night or more due to an accident, aYo will pay triple the amount you sent to your recipients into you MTN Mobile Money account in form of cover.