Inclusivity Solutions

Inclusivity Solutions, established in 2015 by founder Jeremy Leach, operates as a key enabler in the microinsurance and digital insurance sectors across emerging markets. The firm's genesis is rooted in Leach's extensive experience in the microinsurance landscape, including his tenure as the founder of Bima, a prominent player in the field. This background provided him with a deep understanding of the challenges and opportunities in delivering insurance products to underserved populations, a core tenet of Inclusivity Solutions' mission.

The company's primary business involves designing, building, and operating digital insurance platforms. It partners with mobile operators, banks, and other financial institutions to offer insurance products to their customer bases, targeting low and middle-income consumers in markets such as Africa and Asia. This B2B2C model allows Inclusivity Solutions to leverage the distribution channels of its partners to reach a broad audience. Revenue is generated through a share of the insurance premiums collected via its platforms. A significant milestone in the company's journey was its acquisition of O-Fisí in 2021, an Insurtech provider based in Côte d'Ivoire, which expanded its operational footprint into Francophone Africa.

The core offering is a suite of technology platforms, including its proprietary ASPin platform, which handles the entire insurance value chain from product design and premium collection to policy administration and claims processing. These platforms are designed to be simple and accessible, often integrating with mobile money and telco systems to facilitate seamless user experiences. The products delivered through these channels are typically straightforward, such as hospital cash and life insurance, tailored to be affordable and relevant to the target market's needs. For instance, its collaboration with Safaricom in Kenya introduced 'Digi-Bima,' offering low-cost insurance options to the masses.

Keywords: insurtech, microinsurance, emerging markets, digital insurance, financial inclusion, B2B2C, mobile insurance, insurance platforms, Africa, fintech