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Technology set to cause job loses but improve efficiency says Africa Reinsurance

The use of technology will help lower expenditure and increase market share in the country. [Photo: Courtesy]

Pan-African reinsurer which is based in Lagos, Nigeria on Tuesday urged Insurers to adopt the use of technology to help lower expenditure and increase market share in the country. The firm however believes that the move will have huge impact to employees in these companies.

African Reinsurance corporation (Africa Re) through its managing director Corneille Karekezi said embracing technology in insurance industries will benefit both the client and the companies.

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