After its latest funding round, the local insurtech firm aims to scale the business and accelerate its artificial intelligence ambitions.
True digitalisation requires real-time data access and agile feature development in core systems, says Deon Thomas, CEO of Eblocks Software.
Alex Astengo will develop Cape Town-based Root’s UK presence, as it is in partnership discussions with insurers, retailers, banks and telcos.
The round was led by new investors Futuregrowth, Talent10 and MIC, as well as existing investors, including Old Mutual.
The partnership comes after Cape Town-founded Root entered the UK in May − its first foray into global markets.
More locals embrace AI-based chatbots to make queries and online purchases, says Cape Town-based rather.chat.
The Simply deal follows Hollard’s seed investments in insurtech market disruptors Naked and Dotsure.
HealthCloud generates health scores from more than 60 data points to ensure insurers can better understand their customers, says Ben Phillis, commercial and business development director at Alula Technologies.
Executive head Mishaya Chettiar details the insurtech start-up’s business model and its plan to expand its operations to India.
ITWeb TV: Insurtech Everything.Insure aims to disrupt South Africa’s insurance industry
ITWeb news editor, Admire Moyo, speaks to Mishaya Chettiar, executive head at Everything.Insure, about the #insurtech’s business model, fight with rival Hippo and future growth plans. #Itwebtv #everything.insure
The company goes live in the UK, after notching up over one million active policies on its platform in SA.
ITWeb sits down with Ernest North, co-founder of Naked, to discuss the insurtech start-up’s milestones, challenges and business strategy.
The insurance company looks for entrepreneurs and venture capital investors to partner with on its insurtech initiative.