WazInsure

Digital insurance management platform for insurers and intermediaries across Africa

Core Administration Startup Seed

Overview

WazInsure is a cloud-based insurance management SaaS platform for insurance companies and intermediaries operating in Africa. The platform automates the full insurance value chain -- from consumer onboarding and policy administration through claims handling and renewal -- and is white-labelled for insurers to deploy under their own brand.

Founded in 2017 by Winnie Badiah (formerly of Deloitte Kenya, AON, and MicroEnsure), WazInsure operates as a B2B solutions provider targeting carriers, MGA-equivalents, and distribution intermediaries across the African market. The platform serves as a single hub where policyholders can track all their policies, while enabling insurers to communicate transparently with agents and clients.

The company was backed through accelerator programs including Village Capital and Traction Camp, and in 2017 was ranked 76th in the KPMG/H2 Ventures Fintech100 Global Innovators Report -- the only Kenyan company on the list that year. WazInsure supports distribution of micro-insurance products to underserved populations, illustrated by the Maisha Cover product underwritten by Capex Life and launched on the platform.

Products & Services

WazInsure Platform

A white-labelled, cloud-based SaaS platform that automates the end-to-end insurance value chain for insurers and intermediaries.

Key Features

Consumer onboarding and digital policy management
Policy administration and distribution agent tools
Claims administration and end-to-end claims handling
Automated policy renewal workflows and customer notifications

Target Users: Insurance carriers, MGAs, and distribution intermediaries in Africa

Maisha Cover (Example Deployment)

A micro-insurance last-expense cover distributed through the WazInsure platform, underwritten by Capex Life, targeting low-income Kenyan consumers.

Key Features

Annual premium tiers from KES 600/year to KES 2,400/year
Death benefits ranging from KES 25,000 to KES 100,000
Accessible micro-insurance for underserved populations

Target Users: Low-income consumers in Kenya

At a Glance

Founded: 2017
Headquarters: Nairobi, Kenya
Employees: 1-10
Funding: Seed

Category & Focus

Category: Core Administration
Subcategories: Policy Administration Claims Administration Consumer Onboarding Policy Renewal
Insurance Verticals: Life & Annuity Specialty/E&S
Target Customers: Carriers, MGAs/MGUs, Agents/Agencies