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nourserghini

InsurTech Market Map - 40+ InsurTech Startups Disrupting the Insurance Scene in Africa ... - 0 views

weetracker.com/...insurtech-africa-market-map

Bismart fraud management Kenya Competitors

shared by nourserghini on 13 Feb 21 - No Cached
  • Kenya BismartEfficiency & Fraud Management
    • nourserghini
      nourserghini on 13 Feb 21
       
      This table is very important because it shows that there is only one similar company that offers efficiency and fraud management in Kenya which is InsureAfrika. This suggest that InsureAfrika is Bismart's competitor in Kenya. However there are many Efficiency and Fraud Management companies in the continent, such as Yallacompare, CompareIN, Ctrl and Investsure, etc.
mohammed_ab

FinTech Innovation Map Reveals Emerging Technologies - 0 views

www.startus-insights.com/...-reveals-emerging-technologies

Fintech Big Data Strategy

shared by mohammed_ab on 13 Feb 21 - No Cached
  • Big DataIn addition to traditional financial data collection, new data sources such as mobile banking and the Internet of Things (IoT) provide an additional layer of data gathering. Combined with Artificial Intelligence, Big Data analytics utilize large amounts of old and new data to discover hidden patterns for better risk management and fraud detection. New insights from big data improve the understanding of customer behaviors and help banks to create better and more customized products and services.
    • nourserghini
      nourserghini on 13 Feb 21
       
      Big data analytics is another technology that fintechs have to consider in oredr to manage the important number of customers and data they have.
  • AI helps banks to analyze their Big Data to improve existing solutions and make better decisions. A more recent AI trend is to use its cognitive abilities to go through a large amount of unstructured text and data to generate more insights and to learn natural language. A more intelligent AI chatbot or virtual assistant can take over repetitive “low-value” operations, such as performing small amount transactions, explaining financial products and providing basic financial advice to customers.
  • mohammed_ab on 13 Feb 21
     
    Artificial Intelligence is a great technology that fintech like M-Pesa has to consider as it could have a big impact on their operations. It could help the company to deal with and analyze big data and generate insights that might have taken months to discover with traditional approaches.
nourserghini

What you need to know about the new digital motor insurance certificate in Kenya - Dawi... - 0 views

dawitinsurance.co.ke/...insurance-certificate-in-kenya

Bismart insurance fraud management Kenya

shared by nourserghini on 13 Feb 21 - No Cached
  • In addition to this, motor insurance providers have had to contend with cases of double insurance, fake insurance certificates, and stolen insurance certificates. Research carried out by Bismart showed that 12% of insurance policies do not exist in the underwriters’ databases even though the motor vehicle owners have paid for their premiums. 22% of the motor vehicle insurance policies surveyed cannot be validated.
    • nourserghini
      nourserghini on 13 Feb 21
       
      This is very interesting because it shows that Bismart is putting Kenyan customers first and that, among its services, its efforts are allowing their clients to understand what insurances are really providing them with and to reveal where they paid premiums yet didn't get what the insurance promised.
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