DDFinance AS

DDFinance and Mastercard

DDFinance is selected as 1 of 5 companies in Mastercard’s Lighthouse MASSIV program Thursday the 25th of February, Mastercard published the 5 last participants in its Lighthouse MASSIV competition, and DDFinance was one of them! The Lighthouse MASSIV is a unique concept that helps teams make and scale the highest…
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Nudging the insurance industry

Transportation Network Services (Uber) and Accommodation Network Services (Airbnb) transformed their industries!  Insurance Network Service (DDFinance) is built as a market system to move the insurance industry towards providing insurance to the 3 billion currently uninsured population – profitably!
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Trainers and Jobs

Our innovation enables setting up multiple national greenfield low-cost national insurance market systems, with millions of users and thousands of formal jobs created – this is scale at its best. The innovation is mobile phone driven, a domain of young people.  A one-year pilot completed in Kenya, proved that young…
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Systemic Impact

The DDFinance Kenya business case is closely linked with SDG 17: DDFinance enhances knowledge sharing, including through improved coordination among existing providers and mechanisms, and through a global technology facilitation mechanism. The DDFinance complete Insurance Network Service, operated on our digital platform, structured as an international franchise, in cooperation with…
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Impact on external stakeholders

Customers: Get access to health and life insurance cover – in most cases for the first time in their lives. Beneficiaries: More young mothers can afford to give birth at hospitals – safer than delivery at home. Impact on Suppliers: More business for a multitude of DDFinance Kenya suppliers. Insurance…
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Scaling

DDFinance Kenya is a first and blueprint Insurance Network Service. DDFinance now prepares the expansion to a number of the 80 developing countries which share similar statistics of low insurance penetration and emerging mobile money penetration. By re-use of the DDFinance 1. business model, 2. cloud-based and mobile phone and…
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The Franchise Model

DDFinance has contracted a considerable network of Kenyan, Pan-African, and global partnerships within underwriting, technology, teaching, distribution, business service providers as well as good relations with three national insurance regulators.  At investments of USD 1,2 million each, new profitable national franchisees will be built by re-use of the DDFinance business…
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Hope to the community

DDFinance Kenya asked their customers how they find the Collective-Based Insurance (CBI) products. One Saving Group leader in Embu answered this: You are giving Hope to the community. We never knew Insurance would come to people like us, and we trust it because you paid out one of the clients who…
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