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Turaco

Turaco is a microinsurance and technology company that partners with mobile operators, fintechs, and banks to embed affordable insurance products for underserved populations across Africa and Pakistan.

Turaco, founded in 2018, is an Africa-focused microinsurance and technology company. It partners with firms that serve emerging consumers - such as mobile network operators, fintechs, banks, and microfinance institutions - to embed simple, affordable insurance products into everyday transactions. Premiums start as low as $1 per month.

The company operates in Kenya, Uganda, Nigeria, Ghana, Zambia, and Pakistan, and has provided cover to over 4.5 million people. Its technical capabilities include AI-powered fraud scoring, embedded insurance technology, and WhatsApp-enabled claims processing.

Turaco's stated mission is to free people from the fear of financial shocks. The company aims to insure one billion people and is focused on making insurance genuinely useful for underserved communities.

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