Ghanaian Insurtech Brolly Accepted Into Techstars Accelerator

Brolly, a Ghanaian insurtech specializing in affordable car insurance has been selected for the Summer 2023 cohort of the world-renowned Techstars accelerator in Tulsa, Oklahoma.

The startup which offers flexible payments for car insurance coverage joins 11 other startups selected for this year’s Techstars Tulsa accelerator from over 300 high-quality applicants.

What They’re Saying

“Brolly was born out of the fear of being on the customer side of the fence”, says Bernard Baah, founder of Brolly.

“After 15 years of tasting all the sides of the insurance industry, I was troubled that everything had to be the insurer’s way, from pricing, to contracts which are written in 18th century language, and the dreaded domain of claims. Beginning with auto insurance, we’re reimagining insurance for the new African.”

What Happens Next

As part of the accelerator package, Brolly will receive equity investment and be connected to a global network of mentors as well as resources to help the company grow. The company will also gain access to Techstars’ network of potential investors especially as they look to raise a round of funding to power growth in Ghana and expansion to Nigeria.

By The Numbers

Since soft-launching in Ghana, Brolly has recorded an average customer growth rate of 73% month-on-month with no marketing spend. With their version 2 software ready to launch, Brolly is confident that their artificial intelligence capabilities will enable swifter service delivery and efficient customer support informed by data. 

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