Riovic is a South African multinational on-demand insurance company founded by Phiwa Nkambule.[1][2] It owns and operates online platforms that connect consumers with insurance, credit and investments. Riovic Corporation was incorporated in 2015 and is headquartered in Sandton, South Africa. The company combines the founders' hi tech background with actuarial, finance and insurance skills.In 2016 the company became the Lloyd's of FinTech and successfully launched this revised model to eliminate insurance brokers and companies in the underwriting process by directly connecting risk managers and risk underwriters. Also labelled the "Uber of Insurance", Riovic pioneered "private investor backed insurance" where a private investor (or group of private investors) essentially steps into the financial shoes of the insurer, accepting a stream of certain cash flows in exchange for an uncertain future liability.Our platform simplifies risk intelligence. It allows consumers to build risk profiles made of a set of ris
CapitalPrk Paul Kruger St, Pretoria Townlands, Pretoria, Gauteng