For startups, health insurance providers are trying to make healthcare more inexpensive and accessible through their policies. Individuals entering the employment market are increasingly gravitating toward fast-paced startups. Working with a modest budget while your firm grows and scales is one of the most challenging tasks you may encounter as an entrepreneur. In startups, most…
Insurance technology is the adoption of technology innovations to create a more efficient insurance model. Unlike fintech, agri-tech and healthtech, Insurtech is one technology sector that is vastly untapped in Nigeria. According to a recent report, Africa’s whole insurance industry is valued at about $68 billion in terms of GWP and is also ranked eighth…
Nigeria’s Insurtech Startup Casava has secured US$4 million in pre-seed funding to deliver affordable and accessible micro-insurance services for millions of Nigerians. The funding round, the largest pre-seed round for an African insurtech to date, was led by Target Global with participation from Entrée Capital, Oliver Jung, Tom Blomfield (Founder of Monzo) and Ed Robinson…