{"id":471046,"date":"2021-05-05T13:25:46","date_gmt":"2021-05-05T13:25:46","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471046"},"modified":"2021-05-05T13:25:46","modified_gmt":"2021-05-05T13:25:46","slug":"kenyan-start-up-lami-raises-1-8-million-to-boost-digital-insurance","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/05\/05\/kenyan-start-up-lami-raises-1-8-million-to-boost-digital-insurance\/","title":{"rendered":"Kenyan start-up Lami raises $ 1.8 million to boost digital insurance"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Kenyan start-up Lami raises $ 1.8 million to boost digital insurance<\/p>\n<p>Kenyan insurtech startup Lami Technologies has successfully raised $ 1.8 million in seed funding, as part of a round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures, Acuity Ventures, The Continent Venture Partners and Future Africa.<\/p>\n<p>The capital will be used to improve the capabilities of its offering and finance the expansion of its API insurance platform across Africa. A platform that provides users with quotes for auto, medical and other insurance products in seconds, and allows you to customize benefits, adjust premiums as needed, and get policy documents instantly with claims paid in record time. \u201cThe driving force for us was to make insurance widely available. We felt that putting in place the technological infrastructure to facilitate insurance distribution was the best way to increase the level of penetration in Africa, \u201dsaid CEO Jihan Abass.<\/p>\n<p>Founded in 2018 by Jihan Abass to democratize insurance products in Kenya, the startup empowers businesses such as banks, startups and organizations to deliver digital insurance products to their users. The product can also be used by partner companies to manage their own insurance needs.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Kenyan start-up Lami raises $ 1.8 million to boost digital insurance Kenyan insurtech startup Lami Technologies has successfully raised $ 1.8 million in seed funding, as part of a round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures, Acuity Ventures, The Continent Venture Partners and Future Africa. The capital will be<\/p>\n","protected":false},"author":527297,"featured_media":471047,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,12000,11996,16200,12008],"tags":[18150,18152,18151,14663,14659,18149,2767],"class_list":{"0":"post-471046","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-banks-insurance","9":"category-finance-en","10":"category-insurance","11":"category-stock-exchanges","12":"tag-1-8-million","13":"tag-digital","14":"tag-digital-insurance","15":"tag-insurance","16":"tag-kenyan","17":"tag-kenyan-start-up","18":"tag-start-up","19":"post_format-post-format-aside","20":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kenyan start-up Lami raises $ 1.8 million to boost digital insurance - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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