ALPHA DIRECT
Alpha Direct is a Botswana-HQ, Africa-focused risk carrying Insurtech that is focused on using cloud, big data and AI to deliver compelling insurance products for Africaโs growing consumer market. The insurance sector in Africa is underpenetrated vs most of the World. Given affordability, accessibility and inflexibility, insurance is seen as being a product โthat is only available to the richโ. The company has become the fifth largest short-term insurance underwriter in their home mark... et in under 5 years, and is now focused on regional and continental expansion across Africa as well as entering the long-term insurance market. The company has a strong stable of intellectual property including software, trademarks and patents. The company recently won The African Insurance Award for Innovation of the Year, for their insurance in a box product sold through retail outlets (with a cloud-based activation and policy management platform) where they have acquired thousands of customers and are scaling up rapidly. Over the next 5 years Alpha Direct plans to expand its product offering to include long-term insurance products as well to expand its footprint to include South Africa, Kenya, Egypt and Nigeria. Alpha Direct plans to license its products and technology in 10 African countries outside those where it has a physical presence.
ALPHA DIRECT
Industry:
Financial Services FinTech Insurance InsurTech
Founded:
2015-01-01
Address:
Gaborone, South-East, Botswana
Country:
Botswana
Website Url:
http://www.alphadirect.africa
Total Employee:
101+
Status:
Active
Contact:
+2673928264
Email Addresses:
[email protected]
Total Funding:
3.45 M USD
Technology used in webpage:
LetsEncrypt Apple Mobile Web Clips Icon WordPress Font Awesome Amazon Google Maps Cloudflare JS CDN JS PHP 7 BootstrapCDN
Similar Organizations
simplesurance
Simplesurance creates a platform for simple access to insurance to combine traditional insurance industries with digital business.
Current Employees Featured
Founder
Investors List
Launch Africa
Launch Africa investment in Seed Round - Alpha Direct
Century Oak Capital
Century Oak Capital investment in Seed Round - Alpha Direct
Various Angels
Various Angels investment in Seed Round - Alpha Direct
Dr Kiran C Patel
Dr Kiran C Patel investment in Seed Round - Alpha Direct
Dr Kiran C Patel
Dr Kiran C Patel investment in Seed Round - Alpha Direct
Dr Kiran C Patel
Dr Kiran C Patel investment in Pre Seed Round - Alpha Direct
Official Site Inspections
http://www.alphadirect.africa
- Host name: server-3-167-37-62.iad61.r.cloudfront.net
- IP address: 3.167.37.62
- Location: Seattle United States
- Latitude: 47.6348
- Longitude: -122.3451
- Metro Code: 819
- Timezone: America/Los_Angeles
- Postal: 98109