Best InsurTech Companies in South Africa
The 69 best InsurTech companies in South Africa in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Naked.
- InsurTech Market Set for 35% CAGR Surge in 2024-30 Outlook
- Top Insurtech Companies
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in South Africa
| # | Company | Last round | Disclosed funding | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Aladdin Software Enterprise software solution for short-term insurance industry | — | — | — | Hanru Nienaber CEO & MD | — | — | — |
| 2 | AnnexSure Provider of customer management solutions for insurance insurance industry | — | — | — | Johan Van Rensburg Ceo - Founder | — | — | — |
| 3 | ANToTo Provider of vehicle telematics and asset management solutions | — | — | — | Vincent Sepeng CEO | — | — | — |
| 4 | Business Insurance Business insurance online quotes | — | — | — | Richard Branson Founder | WordPressMySQLPHP+22 | Top 5M | — |
| 5 | Cardinal Web-based insurance administration system | — | — | 105 | Craig Grasko CEO | SanityYouTubeTailwind CSS+16 | Top 50M | — |
| 6 | CompareGuru Online insurance comparison platform for individuals and businesses | — | — | 15 | — | TypeScriptGraphQLNode.js+16 | Top 50M | — |
| 7 | Diakemo Online micro funeral insurance platform for individuals and businesses | — | — | — | Lethabo Mokgale Founder | — | — | — |
| 8 | Dotsure Online insurance for pets, cars, household content, warranty and life | — | — | 318 | — | WordPress Site EditorWordPressMySQL+22 | Top 500k | — |
Top 12 InsurTech companies in South Africa
#1
Series B · Johannesburg, Gauteng · founded 2016 · 102 employees$31.8Mraised▾
AI-driven app that provides usage-based car insurance. It offers a chatbot for usage-based quotes and prices. It also offers roadside assistance services, claims approval, and more. Its app is available for iOS and Android platforms.
- Jan 2025Series B$38M
- Feb 2023Series B$17M
- Aug 2021Series A$11.1M
- Dec 2018Seed$2.2M
#2
Series B · Johannesburg, Gauteng · founded 2017 · 56 employees$27.2Mraised▾
App-based P&C insurance comparison platform for individuals. It offers quotes for home electronics equipment, bicycles, cameras, drones, furniture & appliances, phone, sports equipment, and more. It also offers claims assistance solutions. The app is available for Android and iOS platforms.
- Nov 2023Series B$21.3M
- Jul 2021Series A$5.4M
- Oct 2019Grant (prize money)$1.5M
- Dec 2018Seed$72.2K
#3
Series A · Cape Town, Western Cape · founded 2015 · 22 employees$4.4Mraised▾
Inclusivity solutions deliver insurance solutions that meet the needs of emerging consumers and leverage digital channels, such as mobile phones, to reach the greatest number of people. It provides the strategy, product, and process design, implementation support, and platforms to not only introduce and grow digital insurance solutions but also to build sustainable inclusive insurance markets. They are backed by RGA Ventures (Pty) Ltd, a subsidiary within the Reinsurance Group of America.
- Oct 2023Series A$1.5M
- May 2020Series A$1.3M
- Jun 2019Series A$1.6M
#4
Seed · Cape Town, Western Cape · founded 2016 · 48 employees$4.5Mraised▾
Online platform providing insurance as a service. It offers a software-based solution that enables users to integrate insurance products into the digital platform and allows customers to purchase products via the platforms.
- Sep 2023Seed$1.5M
- Nov 2021Seed$3M
#5
Seed · Cape Town, Western Cape · founded 2016 · 6 employees$3Mraised▾
Online dispute resolution platform. It streamlines the claims resolution between claimants, and insurers. The platform optimizes the legal workflows for claims resolution, and personal injury activities.
- Oct 2023Conventional Debt—
- Oct 2023Seed$3M
#6
Seed · Paarl, Western Cape · founded 2017 · 17 employees$2.3Mraised▾
Provider of a platform for comparing and managing insurance policy options. The platform enables users to obtain quotes from multiple insurers. It also allows users to manage their policies and initiate claims. Users can access support from qualified insurance advisors through the platform.
- Jul 2021Seed$2.3M
- Feb 2019Seed—
#7
Seed · Cape Town, Western Cape · founded 2017 · 14 employees$984.6Kraised▾
AI-based comparison platform for life insurance. It offers quotes for individuals and families. It offers data analysis and tracking solutions for users. Its insurance partners include Sanlam, Momentum, and Old Mutual.
- Jan 2022Seed$984.6K
- May 2020Seed—
- Aug 2019Seed—
#8
Seed · Johannesburg, Gauteng · founded 2020$161.4Kraised▾
Platform offering insurance solutions for rental real estate. It leverages insurance technology to replace security deposits with lease insurance in rental real estate, allowing tenants to pay a monthly deposit waiver fee along with their rent.
- Aug 2023Seed$161.4K
#9
Seed · Cape Town, Western Cape · founded 2013 · 21 employees$2Mraised▾
Hepstar offers online insurance distribution through various e-commerce platforms. Provides easy to use solutions which website owners can use to increase sales by promoting insurance policies. Insurance providers can reach out the e-commerce savvy population in an easy way. The company earns commissions on the products sold through the platform. They have operations across three continents - Africa, Europe and Asia.
- Feb 2016Seed$2M
#10
Seed · Johannesburg, Gauteng · founded 2016$329.7Kraised▾
Provider of IT consulting and application development services
- Mar 2022Seed$329.7K
#11
Seed · Cape Town, Western Cape · founded 2014 · 30 employees$1Mraised▾
Sensor Networks provides a cloud-based solution for insurance claims. It features Sensor Desk IoT Platform for fraud & fault detection; Sensor Smart Mobile App for sensor-based alerts on consumer electronics; Claims ecosystem for connecting Insurers & restoration services providers; Predict & Prevent Technology for data analyzing from the sensors. It also provides white label solutions to insurance companies for customized software and applications. Also offers Sensor network smart geyser app for Android & IOS platform.
- May 2018Seed$1M
- Aug 2017Seed—
#12
Funding Raised · Johannesburg, Gauteng · founded 2009$499.4Kraised▾
Affinity Health offers a range of health insurance products. Health insurance products include Day-to-Day plan, Hospital plan, Combined plan, Junior plan, and Senior plan. It provides cover for unlimited, managed GP visits, general Day-to-Day medication, Hospitalisation, booster options for chronic medication, ICU and accident cover.
- Nov 2011Grant (prize money)$499.4K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in South Africa
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 4 South Africa-affiliated papers.
- University of South Africa2
- University of the Witwatersrand1
- Nelson Mandela University1
- Inclusion (mineral)2
- Financial inclusion2
- Literacy2
- Digital inclusion2
- Economic growth1
- Key person insurance1
- Equity (law)1
- Inclusion (mineral)1
- Product (mathematics)1
- Insurance policy1
- Internet of Things1
- Term (time)1
- Transformation (genetics)1
- Digital transformation1
- Internet privacy1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.