aYo Holdings, a micro-insurance joint venture between MTN and Momentum Metropolitan Holdings (MMH), is planning to expand to other African countries. The markets under consideration are in West, Central and Southern Africa.Launched in 2017, aYo offers hospital and life cover in Zambia, Uganda, Ghana and Côte d’Ivoire. It had 6m active policies at the end of 2020.
aYo brings you an easy way to get hospital cover and life cover. User need to register on their mobile phone for aYo Recharge with Care and get a minimum of 30 days’ aYo Cover every time they load MTN airtime. Also users can add aYo Send with Care cover to the money you send home through MTN Mobile Money.