Africabima

A digital insurance platform that enables underwriters, brokers, agents, and banks to manage the full insurance lifecycle -- from quotation to claims -- across Africa.

Core Administration Startup Bootstrapped

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Overview

Africabima is a digital insurance platform built and operated by Pensoft Systems Limited, a Nairobi-based software company founded in 2009 with over a decade of experience in the insurance and technology sectors. The platform digitizes end-to-end insurance operations -- including quotation, policy issuance, renewals, claims filing, and reporting -- through a unified web portal, mobile application, and developer API.

The platform is designed to serve the needs of insurers, brokers, agents, banks, and individual consumers across Africa. Africabima places particular emphasis on bancassurance distribution, with several Kenyan banks among its customers. The platform generates digital certificates automatically upon policy approval, delivering them to clients via email and SMS.

Pensoft Systems Limited positions Africabima as the technology backbone for insurance digitization in the African market, where low insurance penetration and mobile-first consumer behavior create strong demand for accessible, technology-driven insurance solutions.

Products & Services

Africabima Web Platform

A browser-based insurance management portal providing role-based access for underwriters, agents, brokers, banks, and customers.

Key Features

Quotation management with multi-underwriter comparison
Policy issuance, management, and renewal workflows
Digital certificate generation (delivered via email and SMS)
Online claims filing with real-time status tracking
Commission management for agents and intermediaries
Comprehensive reporting and audit trail
System administration (product rates, risk classes, user management)

Target Users: Insurance underwriters, brokers, agents, banks, individual policyholders

Africabima Mobile App

A consumer-facing mobile application for purchasing and managing insurance policies from a smartphone.

Key Features

Quote generation from multiple underwriters
Policy purchase, management, and renewal
Digital certificate delivery
Claim reporting
Account and policy tracking
24/7 customer support

Target Users: Individual insurance consumers

Developer API

An integration layer enabling third-party systems, banks, and enterprise customers to connect with Africabima's insurance infrastructure.

Key Features

Insurance data exchange across the policy lifecycle
Third-party system integration
Bancassurance connectivity for bank partners

Target Users: Banks, technology partners, enterprise customers

At a Glance

Headquarters: Nairobi, Kenya
Employees: 11-50
Funding: Bootstrapped

Category & Focus

Category: Core Administration
Subcategories: Policy Administration Claims Management Bancassurance Platform Digital Insurance Distribution
Insurance Verticals: P&C Personal P&C Commercial Health
Target Customers: Carriers, Brokers, Agents/Agencies, Banks (Bancassurance)