TechCentral TCS - The TechCentral Show

How Naked got covered - Alex Thomson unpacks huge funding round

Loading player...
Naked Insurance, the South African digital insurance start-up, announced earlier on Wednesday that it has secured US$17-million (R306-million at the time of writing) in a series-B funding round.
Alex Thomson, Naked’s CEO and a co-founder of the company, joins Duncan McLeod on the TechCentral Show (TCS) to unpack the investment, which includes funding from the International Finance Corporation and German development finance house DEG.
Described by Naked as “one of the largest-ever African insurtech funding rounds”, Thomson reveals in this episode of TCS what the company plans to use the money to do.
He also discusses why the insurance industry was ripe for disruption and how Naked uses artificial intelligence tools to reduce dramatically the need for call centre agents and to drive up efficiencies in the applications and claims processes.
Don’t miss the discussion!
15 Feb 2023 5AM English South Africa Technology · Business

Other recent episodes

Frogfoot sees bigger fibre deals coming

Frogfoot plans to keep buying smaller fibre network operators in South Africa’s suburbs as the market consolidates, but CEO Shane Chorley stopped short of ruling out a sale of the business. “I’d be ignorant to say that we would ignore any offer,” Chorley said on the latest episode of the…
8 Oct 5AM 40 min

Norrsken22’s Lexi Novitske on how China is winning African tech

Chinese companies have built their position in African technology one layer at a time – first phones and telecoms equipment, then fintech and now the AI models that local start-ups build on. American private capital, meanwhile, is pulling back. Lexi Novitske, general partner at Norrsken22, thinks US investors will regret…
1 Oct 9AM 28 min

Dominic White and Adam Ely on AI agents going rogue

AI agents are no longer a thought experiment for security teams. They are breaking out of test environments, hacking real companies and, according to one of our guests, already going rogue inside large businesses. In this episode of the TechCentral Show, TechCentral deputy editor Fanie van Rooyen talks to Dominic…
29 Sep 7AM 1 hr 26 min

Octotel’s Trevor van Zyl on the fibre merger question

Octotel CEO Trevor van Zyl joins the TechCentral Show to talk about where South Africa’s fibre market goes next – including a potential merger with MetroFibre Networx. Van Zyl told TechCentral that Octotel and MetroFibre Networx are assessing a combination that would create the country’s third-largest fibre network operator, with…
16 Sep 7AM 25 min

Herotel CEO Van Zyl Botha on beating Starlink to South Africa

Amazon’s Leo satellite constellation is coming to South Africa in 2027 through Herotel. TechCentral deputy editor Fanie van Rooyen speaks to Herotel CEO Van Zyl Botha about Evry, the brand that will sell Amazon Leo to South African homes, and about how a company with no local licence walked into…
14 Aug 5AM 22 min
All episodes