Author: MichelleM

Octamile is tackling the significant challenges of low insurance penetration and inefficiencies in the insurance industry value chain across Africa.  Country: Lagos, Nigeria Founded: 2021 Specialty: Insurtech, Digital Insurance Founders: Website: Octamile

SOSO CARE is a micro mobile health Insurtech which aims to use technology and innovative ways to enable millions of people to finance their insurance premium using cash or recyclables as premium across over 2000 hospitals.  Country: Port Harcourt, NG Founded: 2019 Specialty: Health Insurance Founders: Website: Soso Care

The eSusFarm Blockchain Weather Index Insurance and AI product is an innovative solution designed to protect smallholder farmers from climate-related risks while enhancing their farming practices through advanced technology.  Country: Johannesburg, Gauteng Founded: 2019 Specialty: Agri-fintech Founders: Website: eSusFarm

We utilize payroll data and provide employees access to wages they have already earned. At the end of the month, we collect the advanced portion of the salary from the employer. Country: Nairobi, Kenya Founded: 2023 Specialty: Fintech Founders: Website: Jahazii

EnvoyX payment platform allow healthcare providers to get paid in 48 hours for their insurance claims. Country: Abidjan, Côte d’ivoire Founded: 2023 Specialty: Fintech Founders: Website: EnvoyX

Awabah offers a monthly subscription service for small business owners and Gig workers, providing access to essential financial services such as health insurance, micro pension, life insurance, and accident coverage at an affordable cost of $3  Country: Lagos, Nigeria Founded: 2021 Specialty: Fintech Founders: Tunji Andrew, Yemisi Obitayo, Oluwabukola Ajishebiyawo Website: Awabah

Allycare is an online and offline innovative solution that simplifies access to insurance for Africans. Offering affordable plans tailored to everyone’s needs. We protect what matters most with just a few clicks. An Ally That Cares

We are applying AI and machine learning to develop an alternative credit scoring engine, enabling us and willing financial institutions to extend credit and other financial services, including micro-insurance, to unbanked smallholder farmers. 

CoverGo is an AI-powered no-code platform that helps insurers worldwide launch products quickly, digitize operations, and automate processes with 1,000+ APIs, making insurance more affordable and accessible, especially in underserved markets like Africa. Country: Founded: 2016 Specialty: Insurtech Founders: Tomas Holub Website: CoverGo