Participants, including business leaders, startup founders, insurance agents, and other influential figures in the ecosystem, engaged in meaningful discussions, enjoyed live music, and gained valuable insights into Casava’s latest innovations. These innovations include a streamlined digital platform that allows users to effortlessly purchase, manage, and file claims for insurance policies.
Focusing on the theme “Scaling SME Financing,” the discussions addressed innovative strategies to equip small business owners with essential resources for success in 2025 and beyond. Adeolu Adewumi-Zer, Founder of ZER Consulting and Board Advisor at Casava, delivered an impactful keynote speech emphasizing the urgent need for improved collaboration between the insurance and banking sectors.
Adewumi-Zer, a seasoned strategist and former MD/CEO of Allianz Nigeria Insurance, underscored the significant hurdles SMEs encounter, particularly in obtaining affordable and sustainable credit. He proposed creative solutions aimed at closing the gap and enhancing credit access for small enterprises.
Bode Pedro, Founder and Chief Executive Officer of Casava, engaged the audience with an energetic presentation on the company’s groundbreaking advancements in credit risk management. He also highlighted how Casava is utilizing partnerships to transform the insurance landscape. According to Pedro, Casava boasts a 92% partner retention rate, an 87% claims turnaround time performance, a 21% year-over-year average partner transaction growth, and 1.5 active products per partner.
Casava is transforming the insurance landscape with its innovative digital strategy, making significant strides by providing a fully online insurance experience. Since its inception, the company has focused on delivering affordable, accessible, and transparent insurance solutions designed to meet the specific needs of the Nigerian market.
We believe that partnerships are essential to achieving our mission of democratizing insurance in Nigeria, said Bode Pedro. This event was designed to bring together SMEs, like-minded innovators, and thought leaders who share our vision of creating a more inclusive and digitally-driven insurance ecosystem. We are excited about the potential collaborations from this event, he said.
One of the standout moments of the evening, hosted by broadcaster Ify Igwe, was the exceptional musical performance by the acclaimed Nigerian acoustic guitarist Fiokee. His performance infused the event with energy and engaged the audience thoroughly. The setlist featured popular songs from some of the biggest names in Afrobeats, creating an ideal atmosphere for networking and business conversations.
Among the distinguished guests were Shola Akinlade, CEO of Paystack; Olumide Famuyide, MD/CEO of Orthodox Insurance Brokers; Ralph Oluwole, Head of Growth at Helium Health; Michael Okpara, Head of Finance at Lenco; Iwalola Sobowale, Head of CX Research at Moniepoint; and Richard Tyotule, Head of Sales & Distribution at Letshego MFB, among others.
As the insurance sector continues to evolve, Casava is reinforcing its position as a key player in fostering collaboration and growth within the industry, paving the way for future innovations in insurance technology.
For the latest updates and information about Casava’s insurance offerings, please visit their website or follow them on social media at @gocasava.
