Inclusivity Solutions, founded in 2015, builds, develops and manages inclusive embedded digital insurance solutions and distributes them through mobile operators, insurance providers, and other digital partners. Its core product includes an open-API, no-code platform that lets insurers and distribution partners launch a wide range of insurance products in a few hours. The company focuses on providing straightforward, affordable insurance via mobile phones to underserved populations. It currently serves over two million customers across eight African markets. The business plans pan-African expansion and aims to operate in at least 12 African markets by the end of 2024. The recent funding will be used to support that expansion and continued investment in its platform. Inclusivity Solutions designs, builds and operates inclusive digital insurance solutions and a backbone technology platform called ASPin that underpins three existing products. The company partners with banks, mobile operators, insurance companies and other distribution partners to deliver insurance through digital channels. It has launched initiatives in Cote d’Ivoire, Rwanda and Kenya in partnership with Orange, Airtel and Equity Bank’s Equitel. Its hospital cash and life products have provided protection to more than 700,000 people. The company recently completed the second tranche of its Series A, bringing the round to a total of US$2.6m. The funding will be used to deepen presence in existing markets, support further international expansion and accelerate innovation in ASPin. Inclusivity Solutions, founded in 2015 by CEO Jeremy Leach, designs, builds and operates inclusive digital insurance solutions delivered through partnerships with mobile operators, insurance companies and other distribution partners. Its products have launched in Ivory Coast, Rwanda and Kenya via partners including Orange, Tigo, Airtel and Equitel. The startup says its partnerships have provided cover to more than 530,000 people to date. Management plans to deepen its footprint across East and West Africa and to pursue opportunities in the Middle East and Asia Pacific over the next five years. The company focuses on simple, affordable products accessible on basic mobile phones to reach under-served consumers.

Total raised

$4M

Funding rounds

3

Latest round

Series A

Latest activity

Dec 2023