Sabba Insurance Technologies
Insurance as a monthly subscription for Kenyan consumers and SMEs
Overview
Sabba Insurance Technologies is a retail insurance brokerage based in Nairobi, Kenya, offering consumers and SMEs a way to pay for insurance in monthly installments via M-Pesa rather than as a single annual lump sum.
The company sources insurance products from licensed Kenyan carriers and arranges financing through a regulated bank, charging customers a 2.5% monthly financing fee on the annual premium. Coverage spans motor, health, property, life, workers compensation, and liability lines. Primary customer segments are boda boda operators, taxi drivers, commercial fleet owners, and small businesses that find annual premium payments difficult to budget for.
The platform runs on AWS infrastructure in the af-south-1 region and is built API-first, with native M-Pesa integration for payments and automated standing orders for renewals. Customers onboard through iOS and Android apps in approximately three minutes and can file and track claims in-app.