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Inclusivity Solutions

Key facts

Cohort: Cohort 5, 2020 

Focus in insurance value chain/workflow: Policy admin system I  Claims  

Specific lines of business supported: Personal I Gig/Freelance I SME I Speciality  

Founded: 2015 

Status: Operating, still in insurance 

Company type: Administration system 

Head office: South Africa 

Main global offices: South Africa 

Locations served: Africa 

Employee count: 11-100 

Overview

Inclusivity Solutions is an embedded insurance technology company enabled by an open API-based core policy and claims platforms for consumer, group and micro-SME insurance products in emerging markets. It works with insurers and distribution partners such as banks, mobile network operators and fintechs to help deliver simple digital insurance products such as life, health and property insurance. 

Lab activity

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Increasing access to insurance  

Lloyd’s Lab supported Inclusivity Solutions’ ideas around micro-SME products, which have launched in Zambia with FNB and fintech Instafinance, with many more to come. During its time in the Lab it secured over $1.5 million in funding from existing investors. 

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Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.