OneSpark AI-powered pay-as-you-need life insurance

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South African insurtech startup OneSpark has launched what it claims is the world’s first AI-powered, pay-as-you-need, P2P life insurance product in a bid to make policies more efficient and affordable.

OneSpark is on a mission to make insurance quicker, more accessible, smarter and honest, because traditional insurance just isn’t. By embedding advanced technology and absolute transparency into an industry that often lacks both, we’re creating a life insurance experience that is smart, quick, convenient, simple and super affordable.

OneSpark’s founders spent many years working in the insurance industry, creating some of the world’s most innovative and award-winning financial services products. After years of frustration, they left and created OneSpark, because they believed that life insurance, and insurance in general, could be done better and in a manner that enabled greater inclusivity, transparency and the re-focusing of priorities away from profits and into people. OneSpark has subsequently designed and developed several completely new insurance products that put the client at the centre of every benefit and feature, with multiple world-first products and trademarks already attributable to the brand in less than 6 months.

Onespark Contact Details

Boundary Road, Illovo, Gauteng 2196, ZA

Tel 080 016 8472