Turaco has promoted Cedrick Todwell to Chief Commercial Officer, Africa, as the micro insurance company steps up its expansion across the continent and Asia. Todwell, who joined the company in 2024, took up the new role on October 1 and will oversee commercial strategy, revenue growth, partnerships, and market expansion across Africa. His promotion comes as Turaco says it has reached more than eight million people through partnerships with banks, microfinance institutions, fintechs, telecommunications companies, and other distributors. The company operates in Kenya, Uganda, Nigeria, Ghana, Zambia, and Tanzania, with expansion opportunities in Rwanda. It entered Pakistan in 2026 as part of its expansion into Asia. Turaco is also seeking to strengthen its position as an insurer, with licenced operations in Kenya and Uganda and a microinsurance underwriting licence in Nigeria. It plans to launch in two additional African underwriting markets by the end of this year, subject to regulatory approvals. Todwell has been involved in the company’s commercial growth in East Africa, working with country teams and partners to expand the distribution and revenue. In his new role, he will focus on growing market share, strengthening partnerships, and developing new business opportunities across the continent. Turaco’s growth has been driven largely by partnerships with firms including M-KOPA,...
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