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At an event held on Friday (21 September), the startup out-pitched six other contestants to win the coveted title of Nairobi’s best startup of 2018 and for an opportunity to represent Kenya at Seedstar’s Worlds regional and global summits.
Bluewave Insurance Agency uses a USSD platform to sign on clients — which enables the company to serve those with the simplest mobile devices.
The startup — which was founded in 2015 by CEO Adelaide Odhiambo — now stands to win up to $1-million in equity investments at the Seedstars Summit in Lausanne, Switzerland next year.
We did it! Bluewave is the Regional @Seedstars winner. Thank you to everyone at @thenailab our fellow entrepreneurs for the challenge. Looking forward to the next step in this great journey. 🎉🎉 pic.twitter.com/GSZa292ha3
— Bluewave (@Bluewave_ins) September 21, 2018
Bluewave Insurance Agency has a range of micro-insurance offerings aimed at low-income users in Kenya, that include motor, health and life cover. In June, the startup partnered with Jubilee Insurance for its fourth product, Imarisha Jamii, which covers hospital expenses, disability and death.
The startup uses a USSD platform to sign on clients — which enables the company to serve those with the simplest mobile devices.
The Seedstars World Africa tour moves to Mozambique next where the Seedstars Maputo pitch event is set to take place this Friday (28 September) in the Mozambican capital.
Featured image: The team from Bluewave Insurance Agency at Seedstars Nairobi last Friday (21 September) (Bluewave via Twitter)