Curacel

Company Overview of Curacel

Curacel is a fintech company based in Lagos, Nigeria, operating in the fintech sub-industry of insurance. Established to facilitate insurance inclusion throughout Africa and emerging markets, the company leverages an AI-powered embedded insurance platform. Their technology enables the seamless integration of innovative insurance products such as Life Insurance, Health Insurance, Auto Insurance, and Home Insurance into apps, services, and products. With a team of 30 professionals, Curacel is dedicated to lowering overhead costs and running expenses through automated insurance management. Their services span fintech, credit, logistics, and eCommerce sectors.

Curacel's Products and Services

Curacel offers a range of digital insurance products and services designed to help businesses integrate insurance offerings seamlessly. The primary products include digital Life Insurance, Health Insurance, Auto Insurance, and Home Insurance. The company also offers AI-powered embedded insurance infrastructure aimed at automating and managing insurance-related tasks. This includes real-time claims management and fraud detection features. Curacel’s solutions are supported by a Pan-African network of underwriters, and they provide user-friendly APIs and tools to enable smooth integration of insurance services, helping companies grow their user base and revenue.

Curacel's Technological Capabilities

Curacel employs an AI-powered embedded insurance infrastructure, which allows clients to automate and manage various insurance products. This technology supports real-time claims management and fraud detection, facilitating efficient and secure insurance processes. The company's platform provides automated insurance management software that contributes significantly to reducing overhead costs and operational expenses. User-friendly APIs and tools are part of the company's offering, enabling seamless integration into various apps, products, and services. This technology-driven approach is crucial for scaling brokerage operations and ensuring the integration of innovative insurance solutions.

Curacel's Market Presence and Expansion

Curacel operates primarily in Nigeria, extending its services across Africa and offering options for remote and partly remote engagements. The company has successfully positioned itself within the fintech industry, specifically targeting sectors such as finance, credit, logistics, and eCommerce. Curacel is supported by a Pan-African network of underwriters which facilitates its expansive reach. They have raised $3 million in seed funding, aimed at driving further expansion and enhancing their service offerings. Curacel's focus on pioneering insurance inclusion makes it a significant player in the emerging markets.

Curacel Grow Initiative

The Curacel Grow initiative is designed to facilitate revenue growth for businesses by embedding digital insurance products into their offerings. Utilizing advanced AI-powered infrastructure, this initiative supports the integration of Life Insurance, Health Insurance, Auto Insurance, or Home Insurance. By delivering real-time claims management and fraud detection, Curacel Grow enables businesses to provide reliable insurance services while minimizing operational costs. This initiative is part of Curacel's broader mission to promote insurance inclusion and drive the adoption of embedded insurance products across Africa and emerging markets.