Turaco
Turaco creates simplified insurance and credit solutions distributed through mobile technology to enable emerging consumers to manage the risks they care about the most.
Turaco’s vision is to see a world where people in the developing world do not live in a state of fear about the risks in their lives. Emerging consumers know about the risks that they face. One medical emergency, one accident, one bad harvest, and they could be forced into abject poverty. Turaco will create a world where emerging consumers can live in peace, knowing that if things get really bad, they have tools to help them get back on their feet.
Insurance is an old and effective tool, but it is virtually nonexistent for the people who need it most. Turaco creates simplified insurance and credit solutions distributed through mobile technology to enable emerging consumers to manage the risks they care about the most.
Products
Turaco has a suite of insurance and blended insurance/credit products to meet a variety of risks faced by emerging consumers. Their most innovative product is a health insurance product that provides the in-patient portion with an insurance coverage, and the out-patient portion with a nano-credit product.
Agent Sales
Turaco sells through field and call center agents, either directly or through B2B partnerships. This is a typical insurance sales model utilizing the power of human connection to inform and convince customers on an insurance sale.
B2B Distribution
Most of Turaco’s customers come through partnerships with players who have large groups of customers that Turaco can sell to and transact with. For example, Turaco bundle products with banks, MFIs, Telecoms, and farmer groups.
Faith Driven
Turaco is in the business of redemption. The insurance business has the beauty of meeting people at their most vulnerable moments, to come alongside them, and walk them to a place of wholeness and security. There are few industries where the core product is so close to the heart of Christ.
Turaco believes they are called to serve their brothers and sisters across the globe who are not fortunate enough to live with the security of western safety nets.
There is no such thing as a Christian insurance company. However, Turaco is a company founded on the redemptive principals of the Gospel. What they do, how they do it, how they treat their customers, employees, and partners, all comes out of a desire to love their neighbor and build something that is a testimony to Christ.
