Faulu Microfinance bank has launched a critical illness insurance cover under its bancassurance portfolio aimed at reducing financial burden in the event that one is diagnosed with Critical illness.
Critical illness insurance provides the policyholder with additional cover for big medical...
So you bought yourself your dream car or just a car that gets you from point A to B. Of course, you’ve spent a lot of money on it, but sadly the spending spree has not stopped yet. Apart...
Power Financial Wellness, a fintech startup, has partnered with Turaco, an insurtech firm, to provide customers with affordable health insurance products.
These insurance plans with flexible premium payments, which fall under Power's "Protect" product pillar, are aimed towards gig and...
ETAP, a Nigerian insurtech startup that wants to make it easier to buy and claim insurance, has raised $1.5 million in pre-seed funding to grow its team and accelerate the adoption of much-needed car insurance in Africa, sStarting in...
M-TIBA and Britam Insurance have started a nine-day educational roadshow to emphasize the necessity and affordability of health insurance to the general public, to assist more Kenyans in making better health insurance decisions.
“Medical bills and expenses could easily lead...
Bimaleo offers private and commercial drivers, real-time, personalised auto insurance policies. “Bimaleo ‘as needed’ and Bimaleo ‘by the mile’, instead of the industry-standard full-year premiums based on approximations and estimates that have historically made prices unfair.
With the pay-as-you-use/drive motor...
M-TIBA and Jubilee Health Insurance have today announced that their health insurance cover dubbed Group Micro Health Product, launched in April 2021 has greatly benefited over 45 SMEs across Nairobi, Kisumu, Meru and the Mt. Kenya regions and has...
Curacel, the African insurance infrastructure startup, has launched Curacel Grow, its API platform to allow technology companies to seamlessly offer insurance as part of their existing products and services.
The Winter 2022 Y Combinator portfolio startup says Grow will...
The Global Index Insurance Facility (GIIF), a World Bank Group program, announced the three top winners of the Africa AgTech & Inclusive Insurance Challenge, a competition for technology-led enterprises in Africa to offer innovative solutions for agriculture and inclusive insurance.
The 1st place Winner was Omishtu-Joy from Ethiopia, an agritech startup that...
FSD Africa and the National Insurance Commission of Nigeria (NAICOM) have partnered to launch BimaLab, an accelerator program aimed at accelerating the development and adoption of digital insurance solutions.
By educating, nurturing, and promoting innovators and insurtech startups, BimaLab Nigeria...
Casava, Nigeria's first 100% digital insurance company, has raised $4 million in pre-seed funding to give millions of Nigerians with affordable and accessible insurance products.
The insurtech startup is leveraging artificial intelligence and behavioural science to develop game-changing claims and...
Nigeria-based healthtech, roHealth partners with  PayCentre and ConnectNigeria  to launch  a free health coverage plan for Small and Medium-scale Businesses in Nigeria.Â
During the official launch, CEO Olalekan Olude said,“We are a platform that gives employees greater decision-making control over their...
Kenya's MARAMOJA  an AI-powered transport and logistics platform  has entered into a partnership with Switchlink Africa to provide access to access to credit and insurance services as it opens its API
Fintechs and Insurtechs will have an opportunity to...
Mobile Financial Solutions (MFS) Technologies Limited, a Kenyan fintech has launched a digital insurance booking platform dubbed InsureMe, with ability to allow buy-now, pay-later options.
The comprehensive car insurance through its Insurance Premium Financing-led Lipa Pole Pole solution cushioning motor car owners from...
Root, a startup based in Cape Town that is building infrastructure for the digital insurance economy, has raised $3 million in seed funding. Along with primary investors Invenfin, Base Capital, Savannah Fund, P1 Ventures, Luno, and FireID, a select...
Digital banking fintech startup Kwara has partnered with Kenyan insurance technology company, Lami Technologies, to provide Savings and Credit Co-operative Society (SACCO) members in Kenya with affordable and transformational insurance products through its digital platform.
The partnership will allow SACCO...
Lami Technologies, a Kenyan insurance technology startup and tech-logistics startup Sendy today announced a partnership that will enable transporters in Kenya to access simple,hassle-free, and affordable insurance products customized on a per-trip basis.
Powered by Lami’s insurance API, transporters moving cargo...
By Mercy Ndegwa
Small and Medium Enterprises (SMEs) are a major driver of economic development, employment creation, supply chain stability and poverty alleviation.
According to the World Bank, they represent nine out of ten businesses and create seven out of every...
UAP Old Mutual Group has launched an enhanced insurance solution to provide medical insurance coverage for people aged 65 to 80. Once a person is on-boarded, they are covered for life and do not have to worry about their...
Naspers has injected R34 million investment ($2.3 million) into digital insurance advice platform, Ctrl, as part of its R1.4 billion commitment to grow early-stage tech companies through its venture fund, Naspers Foundry.
Ctrl is a digital short-term insurance advice platform...
The Covid-19 pandemic came upon us and led to a lot of destruction. Our lives have changed and some have even lost their loved ones. It is a very difficult time and in this tough time, the last thing...
There’s no Caps Lock mistake in the title of this article. When you buy an insurance plan, you need to make sure it is the RIGHT one. Here’s how the Internet can help you in that direction.Â
Insurance is a...
Insurance adds an extra layer of protection to your business as it is known as one of the best forms of risk management to protect your business against financial loss or damages. Since running a business involves both unexpected...
The construction business has its share of risks. Therefore, contractors must take appropriate action to protect themselves. Even a minor mishap can represent a costly liability payout. As such, having adequate insurance coverage can minimize the negative impact of...
Lami, a Kenyan digital insurance technology (insurtech) startup has raised $1.8 million to democratize insurance products and services for low-income Kenyans.Â
The round was led by Accion Venture Lab’s seed-stage investment initiative that funds innovative fintech startups that are improving...
Lami, a Kenyan insurtech startup aims to digitize the entire insurance value chain in a bid to expand its customer base by providing clients with affordable and accessible insurance products.
Lami’s preprotery technology lowers insurance distribution costs, reduces insurance premiums...
Yodawy, an Egyptian pharmacy delivery app has partnered with MedNet Egypt, a health programs management platform in a move to serve thousands of insured members and facilitate the process of dispensing insurance medications online through more than 2,000 licensed...
Vodacom Tanzania has partnered with Britam, an East African insurance group, to launch ‘VodaBima’ – a micro-insurance platform accessible on Vodacom's M-PESA menu in Tanzania.
VodaBima gives customers the option of saving up for Insurance at no cost in their...
PESABAZZAR.com is a platform that provides online insurance comparison services. Kenyans do not have to undergo the tedious process of looking out for the best insurance services in the market. We purpose to find you the right suitable products...
By
Luc Bigel, DLA Piper France Counsel
Hamza Akli, DLA Piper France Associate
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Africa remains one of the regions with the greatest growth potential in the world with African organisations focusing their growth strategies beyond borders. With these growth strategies come...