insurtech

YuLife Launches in South Africa

YuLife, the London-based tech-driven financial services provider, has expanded its group risk protection offering to South Africa, offering its flagship product, group life insurance….

ETAP launches ‘ethical car insurance’

ETAP, an African insurtech company, has launched ETAP Takaful, a new ethical car insurance product based on Islamic principles. Unlike conventional insurance, ETAP Takaful…

Naked strips down to success with $17m series B funding

Naked, a South African artificial intelligence (AI)-driven insurtech company that offers a fully digital way for consumers to insure their cars, homes, and valuables,…

Curacel secures $3m to power ‘new insurance experiences’

Leading insurance infrastructure provider Curacel has raised $3 million in seed funding to roll out new technology solutions designed to power the next generation…

Insurtech booms on back of fintech success story

Marius Botha Group CEO of aYo Holdings, talks about the fintech boom in Africa off the back of the latest Africa Investment Report by…

New $500k grant to grow insurtech in Africa

Insurtech founders of early to mid-stage start-ups are set to benefit from a $500 000 grant announced by the Swiss Re Foundation in Switzerland…

YuLife raises $120M in Series C funding round

YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, today announced that it has raised $120M (~£95M) in a Series C led by Dai-ichi Life…

Santam snaps up on-demand insurtech start-up JaSure

Santam, South Africa’s leading short-term insurer, has enhanced its digital offering with the announcement that it is increasing its interest in insurtech start-up JaSure…

Lami acquires Bluewave to bridge Africa’s insurance gap

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach the underserved population tapping…

Naspers invests R120 million in Joburg-based insurtech startup Naked

Naspers has announced it has invested R120 million in Johannesburg-based insurtech startup Naked in a Series A funding round. Announced on 4 August, the…

Johannesburg insurtech startup Pineapple secures R80m in funding

Johannesburg-based car insurance startup Pineapple has announced it has closed its Series A funding round with R80 million secured from investors. The company announced…

Microinsurer aYo Zambia flourishes through pandemic

Microinsurer aYo Zambia has announced that it has passed the one-million customer mark in under a year and the growing company aims to double…

New SA insurtech startup launches affordable insurance plans

A new South African insurtech startup, OneSpark aiming to reinvent insurance and financial products with a variety of plans catering to low-income clients has officially launched. …

Naked betting on fairer, less costly insurance with chatbots and social cause initiative

Johannesburg-based startup Naked has been able to cut the cost of acquiring new clients to about half that of traditional direct insurance companies, using…

SA insurtech Solvency to launch ‘disruptive product’ in January after netting investment [Updated]

UPDATE (21 January 2020): Solvency this week launched its new insurance product. Founder Mutoda Mahamba said in a statement that while the product is…

Get ready for Egypt’s first insurtech hackathon which kicks off next week in Cairo

Are you ready for it? Egypt’s first insurtech hackathon, InsurHack, is set to kick off next Thursday (28 November) at the American University in…

SA’s Pineapple wins R22.5m in US startup competition, reveals new funding round

Johannesburg-based insurtech startup Pineapple has won first prize and $1.5-million (R22-million) in VentureClash, a $5-million global venture challenge for early-stage companies, run by US-based Connecticut Innovations….

Founders from SA startup InvestSure excited after inclusion on Insurtech100 list

The founders of Johannesburg-based insurtech startup InvestSure are over the moon after being included on the Insurtech100 2019 list. The Insurtech100 is an annual…

Momentum Metropolitan reveals it’s backing insurtech, fintech through local VC [Q&A]

SA insurance company Momentum Metropolitan is partnering with a local venture capital (VC) company and a VC from the UK to develop innovative financial…

SA insurtech startup Yalu raising Series-A round reveals co-founder Nkazi Sokhulu

Johannesburg-based credit life insurance provider Yalu is currently raising a Series-A round, CEO and co-founder Nkazi Sokhulu has revealed. He would not reveal the amount…

Here’s how you can tap German investor Allianz X’s €1bn fund

Are you running a growth-stage company that’s part of the insurance industry? Then you could just be the kind of firm that German investor…

SA insurtech Nobuntu to use Blue Garnet Ventures investment to develop, launch flagship product

Cape Town based insurtech startup Nobuntu will use an investment it raised from Blue Garnet Ventures to develop and launch its flagship savings product, the…

Ctrl CEO says Santam investment will give the insurtech two to three years runway

SA short term insurer Santam’s investment in Cape Town based digital insurance broker Ctrl — announced late last month — will give the insurtech…

Productivity On A Large Screen

Everlytic Launches Cutting-Edge AI Studio with WhatsApp Chatbots for Smarter Communication

Everlytic’s new API Communicator feature enhances customer engagement across multiple channels

Savant Launches Savant Build Cohort 3 to Accelerate Deep-Tech Innovation in the Green Economy

Simplicity at scale: The role of leadership in agile transformation

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

GM switches-off Cruise control on $10bn robotaxi project

CHARGE taking EVs off-grid in the North West

eActros 300 and Zimi Charge creates EV win for Bakers