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Democrance is an insurance technology company working to make insurance accessible and affordable to consumers via mobile and digital channels.
We have automated the entire value chain of insurance sales from marketing to claims processing, resulting in substantial cost savings for insurers and allowing them to reach new market segments at no upfront cost.
Our digital platform brings together key industries, including insurance and telecommunications companies as well as organisations which have large and previously untapped customer bases, allowing low-income, uninsured or under-insured populations to buy, pay for, use and claim for insurance simply using their mobile phone.
We work alongside leading global insurance and telecommunications providers to support their product design and innovation, in a bid to unlock new markets for businesses, while at the same time making insurance accessible and affordable for those who need it most but can afford it least.
Business Type N/A
Linked Institutions N/A
Primary Industry N/A
Date Founded 07/2015
Team Members 1 - 10
Development Stage Growth
Revenue Generating No