Daabo

Insurance infrastructure platform for insurers, fintech lenders, and telecom operators across West Africa

Insurtech Infrastructure Startup

Overview

Daabo is an insurance infrastructure platform serving insurers, fintech lenders, fleet operators, and telecom/MNO partners, primarily across Nigeria and West Africa with stated pan-African and international ambitions. The platform automates the policy lifecycle end to end -- drafting, underwriting, issuance, and renewals -- and processes claims from first notice through settlement, targeting the P&C personal, commercial fleet, and specialty device-protection segments.

Products are delivered through a REST API and a no-code dashboard, with a native mobile SDK covering Python, Node.js, and Go. Core modules include an AI-driven claims engine, a document-AI tool for extracting data from claims and policy forms, QR-code-based device verification, and digital-twin creation for vehicle and fleet verification. A white-label layer lets fintech lenders, telecoms, and retailers embed branded agent portals on top of Daabo's infrastructure, alongside an agent-management module (in active beta) covering recruitment, onboarding, and payouts.

Daabo began as a direct-to-consumer device-protection insurer, Daabo Device Protection, and has since consolidated that consumer product with its B2B infrastructure platform under the getdaabo.com domain; the original daaboinsure.com domain no longer resolves. No confirmed funding round has been identified, and the company reports over 150,018 verified assets processed on the platform to date. Named partners/customers on its site include Aza, Octamile, Prembly, and Woven.

Products & Services

Policy Management

End-to-end policy lifecycle automation covering drafting, underwriting, issuance, and renewals, with an immutable audit trail.

Target Users: Insurers and platform partners issuing policies through Daabo

AI Claims Engine

Automated claims assessment, paired with a document-AI tool that extracts structured data from claims and policy documents.

Key Features

Automated claims assessment
Document data extraction from claims/policy forms
Vendor-reported accuracy and fraud-reduction figures (unverified by a third party)

Target Users: Insurers and claims teams processing device-protection and fleet claims

Device Verification Hub

QR-code-based device authentication used to support device-protection and extended-warranty claims workflows.

Target Users: Device-protection insurers and retail/telecom partners

Vehicle Digital Twin Creator

Creates digital twins of vehicles for fleet verification, supporting fleet insurance use cases.

Target Users: Fleet operators and commercial auto insurers

Agent Management (Active Beta)

Recruitment, onboarding, performance tracking, and automated payouts for insurance agents.

Target Users: Insurers and MGAs managing distributed agent networks

White-Label Infrastructure

Branded, embeddable agent portals that let partners offer insurance under their own brand on top of Daabo's platform.

Target Users: Fintech lenders, telecoms, and retailers embedding insurance

Daabo Device Protection

The company's original consumer-facing product: device and embedded insurance (accidental damage coverage for laptops, smartphones, tablets, and home appliances), sold direct-to-consumer with an app-based claims process and a network of repair centers and retail partners.

Target Users: Consumers purchasing device protection at point of sale

At a Glance

Headquarters: Ikeja, Lagos, Nigeria

Category & Focus

Category: Insurtech Infrastructure
Subcategories: Policy Administration Claims Automation Embedded/White-Label Insurance
Insurance Verticals: P&C Personal P&C Commercial Specialty/E&S
Target Customers: Carriers, Consumers, Agents/Agencies