Nigerias Curacel raises money to support insurance offerings and grow in North Africa.
The last five years have seen doubledigit insurance growth in African nations, making them the secondfastest expanding insurance markets globally, aft
The last five years have seen doubledigit insurance growth in African nations, making them the secondfastest expanding insurance markets globally, after Latin America. In order to provide the rails to make insurance work for the next billion Africans, Curacel, a Nigeriabased platform that intends to increase insurance penetration in emerging countries, has acquired $3 million in seed funding. With only human intervention needed for quality control, Curacels new venture focuses on offering technology to insurers to help them reduce losses while digitising and resolving more legitimate claims. To improve inclusiveness and acceptance on the continent, the YCbacked startup is unbundling insurance products for a number of enterprises, and its technology supports distribution and claims automation.
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B2B Tech News | 1 months ago