Source: FIA Insight
When compared to other sectors of big business, the insurance industry has historically been out of reach from the aggressive start-up movement that has radically transformed and reshaped other industries. Not anymore.
Source: MEA Markets Magazine
Lireas receives the Insurance Innovation Award in the 2021 African Business Excellence Awards as one of the leading innovators in insurance in 2021 in South Africa
Author: Stephen Cranston for the Financial Mail
Pineapple was featured amongst the trio of digital-only insurers in South Africa
Source: BBC World Service
Lumkani was featured on the BBC World Service’s People Fixing the World, on how its fire detection system is changing lives in South Africa.
Author: Staff writer for BusinessTech
South African insurtech startup Pineapple has claimed the top R22.5 million prize at a fintech competition held in the United States.
Author: Nicky Mark for Risk Africa
InvestSure has been announced as one of the top 100 insurtechs in the world. It secured its spot from over 1000 companies that were reviewed by the FinTech Global panel, a specialist research firm.
Author: Hollard Insure
For 28 householders in Masiphumelele, Cape Town, who lost everything in a fire that swept through the area on 29 July, innovative protection including insurance cover is assisting them to get their lives back – quickly.
Author: Isaac Chindotana -FA News
Our Senior Portfolio Manager, Isaac Chindotana, writes about the transformational power of technology and how this is creating the required ecosystems for innovation in the insurance industry. Find this article on p44 of the online version of FA News
Author: Glenneis Kriel of fin24
While participating in an innovation competition run by Hannover Reinsurance in 2016, Matthew Elan, Ndabenhle Ngulube and Marnus van Heerden came up with the idea of starting a true “community-based” service to restore faith in insurance products.
Author: Alaba Ayinuola of Business Africa Online
InvestSure is a new insurance product that insures listed shares against losses arising out of the deceptive or misleading acts of management of the company.
Author: Londiwe Buthelezi of Business Live
Lumkani is no ordinary insurer. It has squarely targeted segments of the market that traditional insurers shy away from.
Author: Alea Gilhuly-Mandel on hartfordinsurtechhub.com
How do twenty-somethings go about insuring, when they aren’t sure what to insure? How are millennials transforming an industry that has been around for centuries? The Pineapple model is looking to completely overhaul the insurance industry as it is currently known.
Author: Michelle Ashen-Abrahams extracted from MUA
With their recent public focus on employee, broker and client wellbeing as a leading strategy to define their future growth, MUA’s collaboration with the Institute of Mindfulness In South Africa could well be considered a new approach to risk management.
Author: Pearl Boshomane Tsotetsi on Business Live
Pineapple has joined an accelerator programme in Connecticut called the Hartford InsurTech Hub, which links participants with US insurance companies to explore possible collaboration. Smith has been in the US pushing the brand.
“Our mantra is that we ‘invest in people and not fancy business plans’.” Valerie Hayter, managing director of Lireas Holdings provides some insights in this interview about investing and entrepreneurship in South Africa.
SA insurtech InvestSure announced that the company has completed their first funding round – securing R9.6-million from Hannover Re Africa subsidiaries Lireas Holdings and Compass Insure, and venture capital firm 4Di Capital.
Source: Africa Tech
More than a year and a month after insurance tech startup Pineapple raised R5.2m from Lireas Holdings, the strategic investment arm of Hannover-Re Group Africa, the startup has now been accepted into The Hartford Insurtech Hub.
Source: Press Release by LifeQ
After just a few weeks of calling for nominations, close to 1,000 total entries and 141 unique entries were received for the Nedgroup Investments and Heavy Chef ‘SA’s Top 5 Most Exciting Startups’ event on the 4th December 2018.
The 15 regional winners of the inaugural Southern African Startup Awards have been announced, with SA companies having taken home just short of half of the awards.
InvestSure is a world-first, one-click insurance product that initially launched exclusively with EasyEquities. The product is now expanding and will soon be available on multiple trading platforms in South Africa, and hopefully throughout the world.
Source: Asia Pacific Fire
Families living in informal settlements in South Africa will now be better protected against devastating fires thanks to a newly announced partnership between Johnson Controls and Lumkani.
Source: Press Release – Life Q
South African startups Aerobotics, IoT.nxt and LifeQ are among the 10 selected by Nedbank, which is connecting innovative startups with major corporates and business leaders in partnership with Silicon Valley’s Plug and Play.
“Pineapple is the first ever insurance startup accepted into Google’s accelerator. A significant achievement if you consider that there has been $5.6 billion invested in insure-tech in the last three years alone,” said the company.
Source: FA News
Leading high net worth underwriter, MUA Insurance Acceptances (Pty) Ltd has announced the appointment of Michelle Ashen-Abrahams as Head of Brand and Marketing. The position was recently created by the MUA Board as part of the company’s new brand and marketing strategy.
South African insurtech startup InvestSure and insurance partner Compass Insure recently settled their very first claim in what could be a new world record time of less than 45 seconds, end to end.
Sometimes in the SA tech ecosystem all it takes is two words to get someone’s attention. Sometimes those words are someone’s name — someone called Michael Jordaan. At least this was the case for one of the founders of insurtech startup Investsure.
Cape Town-based startup Lumkani is set to service more communities in Johannesburg, this after it announced yesterday (7 June) that it had closed a seed round with 4Di Capital, Accion Venture Lab and Lireas.