Revolutionizing Insurance In Emerging Markets

Instant. Simple. Smart.
Get To Know Us

Smart
Solution

We're transforming insurance operations in emerging markets with cutting-edge tech to boost efficiency, reduce costs, and improve customer experience.

Scalable
Solution

We're revolutionizing insurance operations in emerging markets by providing a flexible and adaptable platform that scales with growth and enhances customer experience.

Transparent
Solution

We're pioneering a transformative approach to insurance operations in emerging markets by offering a flexible and adaptable platform to clients.
About us

You can depend on us to get good services

Our Values Mission Company Goal
Integrity
Customer Focus
Risk Management
Compliance
Innovation
Financial Stability
mission
Protecting Policyholders: (Providing financial protection to individuals and businesses against unforeseen events, such as accidents, illnesses, or natural disasters.)
Risk Management: (Helping policyholders identify and mitigate potential risks, reducing the likelihood and impact of losses.)
goals
Revenue Growth
Market Share Expansion
Operational Efficiency
Risk Management
Investment Returns
Innovation and Digital Transformation

We are unlocking a $400 million+ opportunity by solving inefficiencies in Africa’s insurance sector with AI, blockchain, and smart contracts.

Despite the potential, emerging markets often face significant barriers to insurance adoption. By embracing innovation and adapting to the unique needs of emerging markets, we can revolutionize the industry and expand our reach to new customers.

Service Experience
90%
The unsolved insurance challenges in emerging markets

Problem definition

Despite the rapid growth of middle-class populations and increasing economic activity, emerging markets continue to face significant challenges in accessing insurance products and services.

Low Insurance Penetration

Over 60% of Africans remain uninsured. In Nigeria, penetration is as low as 0.5%.

Inefficiencies in Claims Processing

Only 15% of claims are processed digitally, resulting in delays and dissatisfaction.

Massive Fraud Losses

$700 million+ lost annually to fraudulent claims across East, West, and Central Africa.
CoversMe leverages cutting-edge technology to transform insurance operations

Our Solution

AI-Powered Fraud Detection

Real-time anomaly detection reduces fraud by up to 70%.

Blockchain Transparency

Tamper-proof, immutable records build trust, accountability and growth.

Smart Contracts for Parametric Insurance

Automate payouts for unexpected events.

Accessible Customer Portals

Empower users to track claims and verify payouts seamlessly.
Beyond Detection: CoversMe’s competitive edge

What sets us apart

We differentiate ourselves through digital innovation, aiming to speed up claims processing and improve customer experience.

Fraud Intelligence as a Service (FIaaS)
Regulatory Reporting Dashboard
Microinsurance Inclusion Model
HealthTech Integration
%

Digital innovation

Providing a fast and efficient experience through digital processing of claims
%

Affordability

Competitive pricing and coverage
Core Offering: Subscription-based fraud detection and claims automation.

Revenue model

Pricing Structure Additional Revenue Streams Projections

Basic Plan

$350 (fraud detection, claims processing).

Premium Plan

$750 (analytics, Fraud Scorecard, APIs).
What Sets Us Apart
history
Touching Lives Through Technology

Complementary Revenue Streams

Generate revenue through custom integration fees and a subscription-based model, where parametric insurance modules are offered to insurers at a rate of $100,000 per insurer annually.

Our Solution
h4-about1
Driven by a growing customer base and increasing adoption.

Revenue Growth Target

Achieved a projected Annual Recurring Revenue (ARR) of $1.8 million by the end of Year 3, driven by a growing subscriber base of 100 premium customers.

What Sets Us Apart