OneSpark

OneSpark is a South African insurtech company based in Johannesburg, founded in 2020.

The company aims to transform life insurance by making it quicker, more accessible, and affordable through advanced technology and transparency. OneSpark focuses on addressing issues like high premiums and complexity in the insurance industry, ensuring that clients are at the center of its offerings. The company provides a range of technology-driven insurance solutions, including affordable life insurance, funeral cover, and income protection. OneSpark's products feature simplified processes, such as smart risk assessments that eliminate lengthy paperwork and medical tests. The company has gained recognition for its innovative approach, being named one of FastCompany’s Top 100 Most Innovative Companies and winning the World’s Most Innovative Company in Life Insurance award. With a growing customer base, OneSpark has already covered over R1 billion in life insurance shortly after launching its products.