Root, a Cape Town-based startup that builds infrastructure for the digital insurance economy, is teaming up with Andela, a global network for remote technologists founded in Nigeria, and financial services company Momentum Health Solutions to provide healthcare to Andela’s talent network.
Agnes Muthoni, the director of talent partnerships at Andela, says – “Our organization, which operates a global talent marketplace connecting technologists in emerging markets with job opportunities at global companies, wants to add value to these technologists by making it easy for them to access quality healthcare options right from the Andela web platform.”
Root provides API-based ready-made digital insurance products that can be seamlessly integrated into a company’s customer journey to boost its value offering and revenue. On its platform, the company processes millions of policies across dozens of insurance products.
Commenting on the partnership, Root CEO Louw Hopley says, “The insurance products on our platform are underwritten by our network of leading insurance providers, and our customers never have to deal with an insurer. We work with customers to identify opportunities in their value chain that can be solved with insurance and, in Andela’s case, healthcare options.”
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“Insurance is historically sold, not bought, while Root aims to enable insurance to be placed seamlessly in user journeys where the insurance need is highly relevant or top of mind. For us, this is a particularly apt intervention, as so much of what Root does is about making it easier for technologists, such as Andela’s customer base, to integrate insurance offerings into their product offerings. Our API packages all the building blocks needed to launch a fully compliant insurance product in a matter of days,” Hopley states.
Since April 2022, Momentum Medical Scheme’s healthcare options have been available to Andela users in South Africa over the Root API. The goal is to expand the Andela talent network’s digital insurance offerings to more regions.
“By partnering with us, Andela is not only supporting us in offering more healthcare cover options to more South Africans for less, but at the same time, their affiliates gain access to the best healthcare cover options available in South Africa,” says Hannes Viljoen, CEO of Momentum Health Solutions.
Root provides Andela with a hosted front-end application that can be integrated into the Andela user experience to enroll users in the Momentum Medical Scheme healthcare option.
Users can easily access information and medical coverage options through this embedded application.
About Andela
Founded in 2014, Andela is a global talent network that connects companies with engineering talent in emerging markets. Hundreds of leading companies like GitHub, Cloudflare, and ViacomCBS leverage Andela to scale their engineering teams quickly and cost-effectively. A distributed organization spanning four continents, Andela is backed by investors including Generation Investment Management, Chan Zuckerberg Initiative, Spark Capital, and Google Ventures.