Figtech, a fast-growing digital financial services marketplace, has partnered with StarLife Assurance, one of Ghana’s leading life assurance companies, to expand access to life insurance products and improve insurance penetration in the country. This partnership follows Figtech’s recent acceptance into the National Insurance Commission’s (NIC) regulatory sandbox, which positions the company as one of the leaders in Ghana’s digital insurance space.
Through this collaboration, Figtech users will gain access to StarLife Assurance’s suite of life insurance products, including the Ultimate Protection Plus, Child Lifeline Plus, and Wealth Master Plus. These offerings will be available on MyFIG’s digital insurance marketplace, making it easier for Ghanaians to secure coverage and protect their loved ones.
Figtech’s digital marketplace simplifies purchasing life insurance by enabling consumers to compare policies from multiple providers, understand their insurance needs, and make informed decisions. The platform aggregates offers from different insurers, allowing users to find the best coverage at competitive rates—a significant benefit in a market where insurance can often feel complex and overwhelming.
The partnership with StarLife Assurance is expected to help Figtech achieve its mission of increasing insurance access by combining StarLife’s strong market presence and customer-centric approach with Figtech’s digital-first strategy. StarLife, known for its innovative life insurance solutions, will now reach new customer segments through Figtech’s digital platform, improving convenience and access for consumers.
By leveraging technology and strategic collaborations, Figtech is positioned to play a key role in boosting life insurance penetration in Ghana while empowering consumers to take control of their financial security.
