South African Insurtech Ctrl Receives USD 2.3 Mn Funding From Naspers

Ctrl, a South African short-term insurance advice platform connecting brokers, consumers, and insurers to a single platform, has raised R34 million (USD 2.3 Mn) from Naspers Foundry. Ctrl’s digital solution will allow traditional insurance brokers to automate and streamline their company operations.

Ctrl is a digital platform providing short-term insurance guidance. It’s a single-platform insurance marketplace that connects consumers, brokers, and insurers. Underserved consumers may compare numerous quotations, seek advice, accept coverage, and maintain their policies thanks to the platform, allowing brokers to deliver insurance advice digitally.