Lagos, Nigeria, 30th March 2021- Curacel, an AI-powered platform for claims processing and fraud management in Africa, has raised $450,000 pre-seed funding in a round that was led by Atlantica Ventures and Consonance with participation from Kepple Ventures and other African angel investors.
Nigerian payments service provider CoralPay is in discussions with telecoms companies to extend access to health insurance by mobile phone, CEO Chioma Nkechika tells The Africa Report.
Lagos, Nigeria//- The Board of Continental Reinsurance Plc has appointed Lawrence Mutsunge Nazare as the Group Managing Director, effective April 1, 2021.
Accra, Ghana//-aYo Intermediaries Ghana Limited, a leading microinsurance company has defied economic headwinds triggered by the novel Coronavirus Disease 2019 (COVID-19), to show its commitment to the economic wellbeing of its customers in the country.
Lagos, Nigeria//- Almost 35 years after it was founded in Lagos, Nigeria, leading private pan-African reinsurer, Continental Reinsurance today announces it is “delivering and is positioned to deliver long-term value to shareholders and a wide group of stakeholders across Africa”.
Allianz Nigeria is planning to roll out a cyber insurance policy, since working at home raises the stakes in cyber security.
Munich Re is banking on automated underwriting as a key to unlocking Nigeria’s insurance market as it rolls out its service in West Africa for the first time.
Africa is one of the most under-insured continents in the world. Over half of the countries in Sub-Saharan Africa have an insurance penetration rate of less than one percent, and the picture isn’t much different across the rest of the continent.
Accra, Ghana//-Star Assurance Group Limited (SAGL), a wholly Ghanaian owned organization, is poised to transform Ghana’s competitive insurance sector.
Kumasi, Ashanti Region, December 16, 2020//-A Kumasi Circuit court has convicted two insurance fraudsters for selling fake insurance stickers to unsuspecting members of the general public.
