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Nigeria
2019 (7 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Casava
Company Information
Get to know Casava
Founded in 2021, Casava is a Nigerian insurtech company dedicated to making insurance simple, affordable, and accessible to the average Nigerian. As the country's first fully digital insurance provider, it leverages technology to offer a range of products, including health, life, and device insurance, directly to consumers through its website and mobile app. The company's mission is to build a financial safety net for millions of Nigerians and Africans who are currently uninsured or underinsured, thereby increasing financial inclusion.
Industry
Review Analytic
askyargamji
Direct
Excellent
Overall Thought
Casava's approach to insurance is truly remarkable. By integrating technology, behavioral science, and empathy, the company redefines the insurance experience for Africans. Their aim is clear: to empower individuals across the continent to thrive and prosper. Currently offering income protection and health insurance, Casava's range of coverage aligns with the needs of their target audience. Headquartered in Lagos, Nigeria, Casava operates as an insurtech and a licensed microinsurance underwriter, catering specifically to the Nigerian market. Through their innovative approach and commitment to serving consumers, Casava stands as a transformative force in the African insurance landscape.
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