FinTech Global’s third annual InsurTech100 list announced Curacel as one of the 100 most innovative tech companies revolutionising the insurance industry in 2020.

Henry Mascot, Curacel’s Co-Founder and CEO, said: “Proud moment for Curacel to be part of the #InsurTech100 by FinTech Global as one of the world’s most innovative InsurTech companies in 2020.”

Curacel continues to deliver immense value for insurers in emerging markets spurred on by the sole mission of using technology to drive up insurance inclusion on the African continent.

Curacel’s robust platform is an intelligent enterprise SaaS solution enabling insurers, providers and policyholders to seamlessly automate claims processing and curb fraud, waste and abuse (FWA) in the claims process. It does this using a claims decision engine that analyzes claims for potential fraud using logic, rules and AI. It also carries out automated adjudication of claims and flags suspicious claims for quality assurance reviews.

Mascot said, “We continue to deliver the best innovative claim processing and fraud detection solution to the best health insurers in Africa. We are able to unlock hidden value for insurers, which is otherwise lost to fraud and waste. Curacel’s automated adjudication also helps insurers achieve cost-saving in claims turnaround time. Fast and efficient claims processing which leads to quicker and more accurate settlement is the greatest driver of customer (providers, clients and policyholders) satisfaction across all insurance categories.”

With such powerful, market-leading features it’s no surprise that Curacel has been listed as one of the world’s most innovative Insurtech companies amid growing global economic challenges. We look forward to continuing growing our partnerships and providing enterprise leading insurance innovations to insurers globally.

To find out more about the InsurTech100 2020, click here.

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About The InsurTech 100

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The INSURTECH100 is an annual list of 100 of the world’s most innovative InsurTech companies selected by a panel of industry experts and analysts. These are the companies every leader in the insurance industry needs to know about as they consider and develop their digital transformation strategies.

The 2019 INSURTECH100 list received widespread attention. Companies that won places on the list generated huge awareness among insurance firms and the wider insurance community. Some were approached directly by financial institutions while others got a more welcome reception from prospective clients and partners.

The list has been updated for 2020 to recognise the next-generation of solution providers shaping the future of the insurance industry. The list aims to help senior management and insurance professionals evaluate which digital insurance models have market potential and are most likely to succeed and have a lasting impact on the industry.

About Curacel

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Curacel was founded with the vision of creating the much-needed infrastructure that will drive insurance inclusion on the continent.

We are using deep technology to solve one of the greatest pain-points of African Insurers and help to optimize their claims process and reduce pay-outs to fraudulent claims.

Read more about Curacel here