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Assurex: Cheaper insurance for trade and transport

1000 Alternatives > Trade > Assurex: Cheaper insurance for trade and transport

About Assurex

The company is focused on providing cheaper methods of insurance and cargo tracking as well as data and analytics on trade and transport in the Common Market for Eastern and Southern Africa (COMESA). 

 

Features

Cheaper Insurance100%
Trade and Transport100%
Multi-modal Analytics100%

Why this company is lock-step

The cost of transportation in the COMESA region contributes between 30% to 45% of the costs of goods in land-linked countries of Africa. Costs of insurance contribute unto 7% of these costs. Reducing the cost of insurance therefore will result in cheaper goods in landlocked countries, lifting the quality of life.

Our investment

We are assisting the company to scale and to access regional markets by providing access to our advisors and network of deal-makers. 

Formal launch of pilot: Jan 2019.