Inclusivity Solutions

Embedded insurance platform for emerging African markets

Distribution & Sales Growth Series A

Overview

Inclusivity Solutions is an embedded insurance solutions provider serving banks, mobile network operators, microfinance institutions, and fintech companies across sub-Saharan Africa and West Africa. The company delivers a B2B2C platform that enables distribution partners to offer insurance products to underserved consumers through digital channels including WhatsApp, USSD, and progressive web apps.

The company builds and operates ASPin, a full-stack policy administration platform delivered as a PaaS. ASPin covers the complete insurance lifecycle -- policy issuance, premium collection, and claims processing -- through Open APIs, allowing partners to embed insurance into their existing customer interfaces without building core insurance infrastructure.

Founded in 2015 and headquartered in Cape Town, Inclusivity Solutions operates across 10 African countries with 30+ partner organizations including major banks, mobile operators, and carriers. The company has raised USD 10.9M across multiple rounds, with a USD 1.5M Series A extension in 2024-2025 led by Goodwell Investments to support continued pan-African expansion. The company participated in the Lloyd's Lab accelerator program.

Products & Services

ASPin Platform

ASPin (Agile Scalable Platform for Inclusive Insurance) is a full-stack PaaS designed to digitize and scale embedded insurance distribution in emerging markets. The platform handles policy administration, sales enablement, premium collections, and claims processing through Open APIs, enabling partners to integrate insurance capabilities into mobile banking apps, USSD menus, WhatsApp bots, and progressive web applications.

Key Features

Open API integration for policy lifecycle management
Multi-channel delivery: WhatsApp, USSD, PWA, mobile apps
Support for life, accident, credit, device, crop, medical, motor, property, and income protection products
Rapid deployment designed for emerging market infrastructure
Full premium collection and claims processing workflows

Target Users: Banks, mobile network operators, microfinance institutions, fintech companies, and insurance carriers seeking to reach underserved consumers in African markets

At a Glance

Founded: 2015
Headquarters: Cape Town, South Africa
Employees: 11-50
Funding: Series A

Category & Focus

Category: Distribution & Sales
Subcategories: Embedded Insurance Policy Administration Digital Distribution
Insurance Verticals: Life & Annuity P&C Personal Health Specialty/E&S
Target Customers: Carriers, Agents/Agencies