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XL Africa Entrepreneurs
Pesabazaar.com is Kenya’s prominent online general insurance aggregator. The company specialises in making comparative analysis of the insurance products based on price, quality and key benefits. Pesabazaar empowers customers with their accurate and up to date information on insurance products, combined with excellent customer service.
Pesabazaar has grown in popularity reaching 50,000 visits to their site in one month of 2017, less than one year after their launch. The first three months of 2017 have seen the gross value of insurance sales surpass the total value of insurance sales for the entire year of 2016, projecting the gross sales for 2017 to be four times that of 2016. Pesabazaar has raised Ksh 40,000,000 ($396,000) from Valour Africa Enterprises to launch insurance price comparison services to the Kenyan public, allowing them to compare premiums and features of similar insurance products and services at a glance.