Concept

Jamii is using technology and digitalisation to improve people’s lives. Essentially, Jamii is a micro-health insurance product for those who work in the informal sector, the economy of which is neither taxed nor monitored by the government. They offer eight different cover levels, depending on the number of people in a family. Once a person has insurance, they can then receive hospital services within their policy limit. It also covers dental, eye and maternity treatment and funeral expenses.

How they’re disrupting

Jamii is making insurance affordable by using a mobile policy management platform that performs all the administration activities of an insurer. Founder Lilian Makoi said: “This has enabled us to cut insurance administration costs by 95%, enabling us to launch insurance policies from as low as $1 per month for the low-income population.” The company has formed strategic partnerships with Jubilee Insurance and Vodacom Tanzania to enable mobile premium collection and a cashless facility from over 400 hospitals.  It has proven popular, with almost 8,000 Tanzanians using the platform since it launched.

Disruption potential

Only 4.5% of Tanzanians have health insurance. While the middle-income population can afford out-of-pocket healthcare financing, the rest of the population, roughly 76% of the total, lack access to healthcare.

Investments and future

Jamii raised $700 thousand seed round for Tanzania market expansion and expect to open round two of $5 million in two months’ time for regional expansion. This year, Jamii will launch in five other African countries, namely Kenya, Uganda, Ghana, Nigeria and South Africa.