Market
Insurtech in South Africa
8 companies · 16 stories · $76M disclosed
Insurtech Daily tracks 8 insurance and insurtech companies headquartered in South Africa — 4 insurers and 4 insurtechs, across 16 stories going back to Jan 21, 2025. Between them they have disclosed $76M across 2 funding rounds, the largest Naked's $38M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Naked | $38M | Series B | — | Tech In Africa | |
| Naked | $38M | Series B | — | Dabafinance+5 |
Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| Naked | Insurtech | — | 10 | $76M |
| 1Life | Insurer | — | 1 | — |
| Dis-Chem Life | Insurer | — | 1 | — |
| JaSure | Insurtech | — | 1 | — |
| LifeCheq | Insurtech | — | 1 | — |
| Old Mutual | Insurer | Cape Town | 1 | — |
| Pineapple | Insurtech | — | 1 | — |
| Santam | Insurer | — | 1 | — |
Coverage
-
1Life turns WhatsApp into a fully transactional insurance platform
-
SA’s Naked becomes world’s 1st to give final car insurance quote in ChatGPT -
-
Naked’s ChatGPT app signals where insurance distribution may be heading
-
Naked becomes first SA insurer to offer binding quotes through ChatGPT
-
SA Digital Insurance Provider Pineapple Named An Endeavor Outlier Among Top 10% Global Scale-Ups
-
Old Mutual Taps Agencify To Expand Digital Insurance Uptake
-
South Africa’s Naked Insurtech Closes $38M Series B Round
-
Santam snaps up on-demand insurtech start-up JaSure
-
InsureMO and LifeCheq team up to transform insurance sales
-
Dis-Chem Life sets a new course in South Africa's life insurance landscape
-
South Africa's Naked Raises $38M to Expand Digital Insurance Platform
-
Naked secures R700 million for AI-powered insurance
-
Naked, South Africa’s Insurtech Secures USD 38M Funding
-
South Africa Insurtech Naked Raises $38M to Expand AI-Powered Insurance
-
South Africa’s Naked raises $38M in Series B2 to deepen its investment in automation and AI
-
Naked raises R700 million — and plans to crush claim waiting times with AI