MasterCard Foundation Global Award for "Clients at the Centre' 2015
The award recognizes recognizes a single company that is truly pushing the boundaries of innovation and inclusion. BIMA was selected winner for its client centric approach, which has resulted in delivering impact on an unrivalled scale, reaching over 20 million customers across Africa, Asia and Latin America in just five years. The prize money of $150, 000 will be invested in further developing BIMA’s customer insight capabilities, positioning BIMA as the industry leader in client centricity.
Ann Miles, Director of Programs, Financial Inclusion & Youth Livelihoods at The MasterCard Foundation. “We’ve seen significant progress recently but the world can only achieve universal financial inclusion if financial service providers truly understand the unique context and needs of poor people. BIMA is doing just that and stands as a model of what can be done.”
Mondato Asia: Digital Finance and Social Impact Award 2015
The award recognizes BIMA’s success in the region, where it has used disruptive mobile technology to bring insurance to over 9 million people, up to 95% of who have previously been excluded from financial services. BIMA’s unique model demonstrates that it is possible to drive adoption of affordable microinsurance at scale.
African Business Awards: Insurance Company or Initiative of the year 2015
The award recognizes the impact that BIMA has had upon the insurance landscape in Africa, from pioneering the disruptive mobile-delivered insurance model to innovations in product and distribution that have opened up access to vital services on a scale never seen before.
Mondato Africa Awards: Digital Finance and Social Impact 2015
The Mondato Awards were created to recognize excellence and innovation in Mobile Finance and Commerce and Digital Finance. The winners represent some of the most innovative solutions from emerging startups, as well as established companies paving new paths in the industry. BIMA was shortlisted for the strength of its operations across Africa and the transformational impact its products have delivered to over 5 million families in the region.
FT / IFC Transformational Business Awards 'Winner of Winners' 2014
BIMA took home the Award for Excellence in Transformational Business, what the FT/IFC called the ‘Winner of the Winners’ award.beating over 237 entries from 214 institutions around the globe.
The FT/IFC Transformational Business Awards, an expansion of the FT/IFC Sustainable Finance Awards, highlighted innovative, commercially viable, and replicable products and services that can create long-term, transformative solutions to development needs in areas such as infrastructure, energy, food and water, affordable housing and health. The awards also recognised the use of technology to empower the poor, initiatives to reverse environmental and social degradation, and efforts to promote gender diversity
FT & IFC Transformational Business Awards for ICT 2014
This award recognises ground-breaking transactions, programmes and initiatives that harness the power of ICT to address basic needs at the Base of the Pyramid (BOP) — the more than 4 billion people with income below $8 per day in purchasing power parity or who lack access to basic goods, services, livelihoods and income-generating opportunities — and have the potential to transform communities and their aspirations in the long term.
Private Equity Awards Africa: Best Portfolio Company 2014
The Private Equity Africa Awards celebrate the achievements in the market, focusing solely on the best-in-class achievements of investors and advisors in the industry.
Asia Communication Award: Best Emerging Market Initiative 2013
BIMA, together with partner Robi Axiata, was awarded the Best Emerging Market Initiative for its BIMA Life Insurance, product in Bangladesh. BIMA Life Insurance was recognised for its innovation as well as its impact on the underserved segment.
Asia Communication Award: Best Social Impact Initiative 2012
BIMA and partner Robi Axiata were also shortlisted for the Social Contribution Awar for their work in Bangladesh. The innovative mobile micorinsurance product, Robi Life Insurance is transforming the lives of low-income families.
GSMA Award: Best Product for Underserved Segments 2012
The GSMA’s Global Mobile Awards, are the industry’s leading stage for innovation, excellence and achievement. This category recognises innovation in mobile initiatives, programmes, products, apps, services and devices that are having a tangible effect on the inclusion, accessibility and vitality of emerging markets and their digital economies.