Democrance creates value by bringing together two unlikely partners: we unlock new markets for insurers, while offering telecommunications companies and remittance houses a way to increase customer loyalty and differentiate their services.

Our vison is to create social value and a level playing field for all: for insurers and telecommunications companies to reach new market segments and for individuals to gain easy, fast and affordable access to existential services.

Telecommunications companies and remittance houses already have the right distribution network to interact with our audiences, while insurance companies can adapt and create bespoke products for them, bringing a strong differentiator to telecommunications providers focused on retaining customer loyalty. 

We work with insurance providers, mobile network operators, and any strategic business partners serving large populations across the entire value chain. We believe that the mobile phone is the key solution to reach vast new and previously untapped populations.

We utilize the right channels to reach our audiences across a wide range of devices- from the latest smart to the very basic feature phones.  Because we work with low income distribution channel which are already used by our audiences, we do not have to rely on expensive routes to market, keeping down costs and creating instant value for our partners and their customers.

We do this by fully digitizing the entire value chain – from sales to claims management: customers can purchase an insurance product using their phone, while insurance companies can manage the policies through the platform’s back end with minimum effort.

For insurers
For mobile operators and channel partners

For Insurers

Democrance helps insurers tap into new customers segments byoffering cutting-edge Insurance Technology solutions and providingproject management tailored to the needs of historically under-served customers.

Why team up with mobile operators and remittance houses?

  • Push existing products to new customers

    access to large concentrations of new customers- or better serve existing customers in a fully digital way

  • Acquisition strategy

    tap up-sell potential as these segments move up the economic ladder

  • Alternative payment mechanisms

    use airtime, mobile money or loyalty wallets for premium collection for unbanked or digital payments for banked customers

  • Multi-purpose platform

    leverage on Democrance’s proprietary mobile InsurTech platform for sales, premium collection & claims management

  • Mobile-first, digital-only

    Democrance’s platform enables insurers to access customers via their mobile phone and other digital platforms and administer insurance policies via a fully digital and automatized platform without impacting their core systemsLeave


For Mobile Operators and Channel Partners

Democrance aims to help mobile network operators increase loyalty and revenues from new and existing customers by offering unique insurance programs that do good for their own customers.

Why team up with insurance providers?

  • Boost acquisition and retention strategy

    insurance offerings for new and existing customers to differentiate from the competition

  • Increase in Average Revenue per User (ARPU)

    incentivize customers to top up more and more frequently in order to keep the insurance policy active

  • Churn reduction

    retain customers by offering an additional incentive to stick to existing provider

  • Increase in customer engagement

    link billing mechanisms to core revenue strategy (airtime, mobile money or loyalty wallets)

  • Revenue diversification

    gain and retain stable and strong revenue streams from insurance sales