Insurtech start-up AllLife has received funding from the Accion Frontier Inclusion Fund, marking its entry into the insurtech sector. South African company AllLife offers innovative insurance products based on algorithmic pricing, robo-underwriting and a health-centred approach for people living with HIV and diabetes. The Accion Frontier Inclusion Fund is an investment fund that invests in companies working to improve access to health care services across Africa. The latest funds will be used to expand internationally and create new product lines.
Insurtech start-up AllLife has received funding from the Accion Frontier Inclusion Fund, marking its entry into the insurtech sector. South African company AllLife offers innovative insurance products based on algorithmic pricing, robo-underwriting and a health-centred approach for people living with HIV and diabetes. It recently signed an agreement with the UK’s largest mutual life, pensions and investments company, Royal London, offering it access to the AllLife platform. The latest funds will be used to expand internationally and create new product lines.