Lumkani - Cape Town

Lumkani is an impact-driven InsureTech company based in South Africa, working to empower communities through a combination of technology and financial services. It began by addressing the issue of informal settlement fires, and has since constructed a platform to address the broader protection gap - a large population of underserved customers who lack access to affordable, suitable insurance products. Lumkani's first product was a mesh networked fire detector created for informal homes, which provides a community-wide warning system in the event of a fire. This award-winning technology has been proven to be highly effective in reducing the spread of fire, and is currently in use in over 50,000 homes, primarily in South Africa, Bangladesh, and Kenya. In 2017, Lumkani introduced a  

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first-of-its-kind fire detection and insurance bundle for people living in informal settlements, in partnership with Hollard Insurance. This product provides customers with the necessary funds to recover following a disaster. As Lumkani expands its distribution platform across South Africa and other countries, it is also tackling the protection gap through the launch of additional relevant products on the Lumkani platform.