Turaco Inclusive insurance for emerging customers

Turaco helps people seek healthcare without risking financial hardship. We provide health and life insurance for as little as a dollar a month to the underserved in Kenya and Uganda. Turaco acquires end-users and handles distribution through sector-agnostic B2B partnerships. We work with underwriters to develop insurance products that directly address the health risks our partners’ customers face the most. Our insurance works as an automatic monthly premium deduction done through integration with the partner’s existing payment system. This way, the end-user does not have to grapple with the emotional decision to part with cash every month, but rather, they get insurance bundled with products and services they already use. Our simplified suite of products include life insurance and cash-back payments for events such as inpatient hospital stays and accident. With less than 5% insurance penetration this has a huge potential for scale and make insurance more accessible to the masses.