aYo Holdings CEO: How microinsurance can help bridge Africa’s insurance gap

With Africa said to have been the world’s most uninsured, and underinsured, continent, insurers have had the task of creating products that are suitable and affordable to the African market. Well microinsurance company aYo Holdings says their product, microinsurance is changing long-standing perceptions of insurance as complex and expensive. Marius Botha, Group GEO of aYo Holdings joins CNBC Africa for more.