disrupt-africa

Kenyan insurtech startup Turaco raises $2m seed funding round

Founded in 2018, Turaco is an insurtech business that partners with local companies and mobile lending organisations to provide simple and affordable medical cover to underserved and unserved communities. 

Currently operating in Kenya and Uganda, the startup offers life and health insurance products distributed through partnerships, with its offering based on a subscription model through which consumers can opt in for automated medical policy renewals bundled with their existing payments, like bank loans or ride-hailing services.