The comparison between AI-powered claims processing and traditional methods is stark. AI offers unmatched efficiency, accuracy, and cost savings, making it a compelling choice for insurers looking to stay competitive in a rapidly evolving market.

By leveraging AI in auto claims processing, insurers can offer faster, more accurate, and more satisfying experiences to their policyholders. Don't miss the opportunity

As AI continues to reshape the health insurance industry, it's crucial for insurance professionals to embrace these innovations to stay competitive.

As an insurance company selling auto insurance to your customers, you're no stranger to the intricacies of auto insurance. Onboarding new customers, ensuring accurate vehicle assessment, and processing claims efficiently are just some of the challenges you grapple with daily.

Partnerships aren't mere affiliations; they're the prime mover of transformation. As the insurance landscape in Nigeria and Africa undergoes a paradigm shift, these partnerships hold the key to reshaping the industry. Together, insurance entities can build a future driven by innovation, collaboration, and shared prosperity.

Health Insurance is one of the mechanisms for providing financial protection from the costs of using healthcare services which mostly translates to health claims that cover primary care, emergency services, among others. 

Healthcare fraud is usually perpetrated by healthcare providers, patients, and others who may want to deceive health insurance companies to receive unlawful benefits or claims. For context, health claim fraud in Nigeria typically happens when false or misleading information is provided to a health insurance provider in order to make them pay unauthorized benefits to the policyholder, a 3rd party, or the entity providing healthcare services. 

Growth opportunities in embedded insurance for eCommerce and marketplaces in Nigeria are becoming more massive year-on-year, as Africa is forecast to surpass half a billion eCommerce users by 2025 with a projected 17% CAGR of online consumers for the market. 

Experts say the biggest challenges facing Insurance companies in Nigeria majorly stem from perception issues. From being perceived as not transparent with claims management to cumbersome paperwork, many Nigerians don't seem to fully understand how insurance works yet and as such do not consider it a priority.