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MyCover.ai is an InsurTech company based in Lagos, Nigeria, specializing in providing a digital infrastructure for insurance via Open Insurance APIs. It does not sell insurance directly to consumers, but rather enables other businesses to easily integrate insurance products into their own platforms or services.
Its API allows fintechs, e-commerce platforms, logistics companies, BNP Paribas Local Providers (BLNPs), banks, and other digital innovators to offer insurance products (health, property, auto, travel, etc.) to their users without having to establish complex technical partnerships with multiple insurers. This solution includes policy management tools, claims automation, and SDKs/APIs adapted to various technologies, facilitating rapid and flexible integration.
Founded in 2021, MyCover.ai participated in the Techstars Toronto accelerator and raised pre-seed funding supported by Ventures Platform, Founders Factory Africa and Techstars, aiming to expand its technology and operations in the African market.
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