Casava

Casava is Nigeria’s first fully digital insurance company, founded in 2019. It focuses on providing affordable and accessible microinsurance products to address the significant insurance gap in Nigeria, where less than 1% of the population is insured. Casava aims to empower individuals with income protection and health insurance solutions that cater to the needs of low-income earners.

Services Offered by Casava

• Income Protection Insurance: Subscribers can insure their income starting from $1 per month, receiving monthly payments for up to six months in case of job loss, illness, or disability.

• Health Insurance: Offers access to telemedicine services with over 1,000 doctors and 900 hospitals across Nigeria.

• HealthCash: Provides reimbursement for hospital visits for specific periods at an affordable monthly rate.

• Microinsurance Products: Focuses on creating tailored microinsurance solutions for low-income earners.

• Claims Processing: Promises a quick claims process, aiming for resolution within 48 hours.

Casava has raised $4 million in pre-seed funding to support its growth and customer acquisition efforts. The company emphasizes a technology-driven approach to make insurance more inclusive and accessible for Nigerians.

Countries

These are the countries in which this lender operates/is available.