Browsing: Turaco

L R Bernard Obel Director Supervision Insurance Regulatory Authority Tetteh Ayitevie CEO Prudential Uganda Japeth Aritho MD Airtel Mobile Commerce Uganda Limited Hamza Mutebi General Manager Tura 1

● Hospital Sente is available to all Airtel Money customer via *185*7*6#.
● Hospital Sente offers hospital cash pay out to beneficiaries upon inpatient hospitalization at
any accredited hospital for up to 10 nights within a policy year.
● The product offers a funeral benefit which provides cover to the member on death due to
natural or accidental causes.

Airtel Mobile Commerce Uganda Limited (AMCUL) has  partnered with Prudential Assurance Uganda Limited and insurtech firm Turaco Insurance Brokers LTD to provide ‘Hospital Sente’, a low-cost hospital cash insurance product with Funeral Benefits, aimed at increasing access to insurance for underserved communities, and low-income individuals and families.

The cover aims to ease Airtel’s customers financial burden associated with hospital admissions and death. Hospital Sente offers beneficiaries with a cash pay-out if they are hospitalised. It is designed to provide affordable coverage for unserved individuals and families conveniently through Airtel’s Mobile money …

Kenyan insurtech firm Turaco secures US$10M Series A round fundraise www.theexchange.africa

The startup, which now has a presence in Nigeria, and Uganda, has entered its expansion phase and is looking for new partnerships to push mass consumer insurance adoption in Africa.

The tech insurance platform has developed to become a dominant player at the forefront of new insurance solutions since its inception. Turaco products cost US$2 per month, with simple terms and conditions and a fully digital claims system that enables claimants to file through phone calls or WhatsApp, with payments made in less than three days using mobile money.

“In the next 25 years, we want to cover a billion people, and that’s what we’re working toward.” It’s a lofty aim in every aspect, and I’m not sure how to get there, but I have a clear vision of covering 100 million people.

To reach the next level of development, you must collaborate with some of the world’s most recognisable …