Curacel (YC W22)

Modern Insurance Infrastructure for Emerging Markets.

[Curacel (YC W22) @curacel]

We're excited to announce that we've raised $3 Million in seed funding!

Click here; https://t.co/JQO0T4KYCA to read more about the raise and what this means for our company and our partners.

#curacel

[Curacel (YC W22) @curacel]

12% of Nigerian parcels are damaged in transit. 2% of Nigerian adults carry any insurance. Per Mordor Intelligence and NAICOM data.

ShipBubble added embedded insurance at checkout via Curacel Grow. Live AXA Mansard quote. One tap. Policy issued in real time.

Result: 6x growth in customer acquisition.

In low-trust logistics markets, coverage at checkout is the reason customers choose you.

https://t.co/4VsUBG1MUM

#EmbeddedInsurance #Logistics #Curacel #Africa

[Curacel (YC W22) @curacel]

How most African insurers settle payments: separate files for each bank, separate platform for mobile money, manual tracking in spreadsheets, weekly reconciliation.

A unified settlement layer replaces the entire chain. Multi-bank, multi-channel, multi-currency. One system. Real-time reconciliation.

https://t.co/A6A8SaIFEO

#PayAI #PaymentInfrastructure #Curacel

[Curacel (YC W22) @curacel]

A claims vetting team reviewed this provider for 2 years. Nothing looked wrong claim by claim.

AI ran a pattern check. 94% of submissions: same diagnosis code. Different patients. Different ages. Different conditions.

Fraud hides in the aggregate. AI reads the aggregate.

https://t.co/TvsKC1dgmW

#FraudDetection #HealthInsurance #Curacel

[Curacel (YC W22) @curacel]

"They hear insurance is fraud. But when we break that barrier, they get to trust."
Dr. Nelson Madu, CIO — Coronation Insurance.

Make AI explainable. Meet people in the language they understand. The technology is ready. Trust is the infrastructure problem.
#CuracelFrontline #AI #Africa"

[Curacel (YC W22) @curacel]

If you're an insurer, roughly 1 in every 5 shillings you pay out this year is fraud.

Jubilee Insurance decided that wasn't acceptable.

They stopped Sh1.28bn in fake claims last year. Sh750M of it caught by Curacel Health's AI claims adjudication. 449 fraudulent cases flagged before a shilling left the door.

The fraud didn't disappear. It just moved to whoever isn't catching it yet.

The question isn't whether it's in your book. It's how much longer you'll fund it.

Full story: https://t.co/XGEt4re4AM

See what Curacel could be stopping in your claims pool 👉 https://t.co/ktGQKrQx9B

[Curacel (YC W22) @curacel]

We're live NOW. 🎙️

Curacel Frontline | 11 AM WAT

Join now:https://t.co/iT5ge4zqJw
#CuracelFrontline

[Curacel (YC W22) @curacel]

Eid Mubarak.

Eid al-Adha is a time of sacrifice, gratitude, and community. It is celebrated by millions across Africa and the Middle East, the markets where Curacel builds and serves every day.

To our team members observing Eid, to our partners across Nigeria, Kenya, Cote d'Ivoire, Saudi Arabia, and every market we operate in: we wish you and your families a blessed celebration.

May this Eid bring peace, generosity, and togetherness.

Eid al-Adha Mubarak from the Curacel family.

#EidMubarak #EidAlAdha #Curacel #Africa #MENA

[Curacel (YC W22) @curacel]

Meet your panellist 👇

Dr. Nelson Madu — CIO, Coronation Insurance. PhD in Computer Science. MSc in AI. 20+ years across Tier-1 banking and insurance in Africa.

Joining us May 29 for a conversation that goes beyond the hype.

Register: https://t.co/ET2WvmzDWV

#CuracelFrontline #MotorInsurance #AI

[Curacel (YC W22) @curacel]

Meet your panellist 👇

Emmanuela Fawole — Head, Personal Lines & Fleet Underwriting, AXA Mansard.

Managing one of West Africa's largest motor insurance portfolios.

Joining us May 29.

Register: https://t.co/u47MiZpn8d

#CuracelFrontline #MotorInsurance #AI

[Curacel (YC W22) @curacel]

The panel is set for May 29 🎙️

4 senior insurance leaders. 1 conversation on AI in motor insurance.

🔹 Ejiro Efekoha-Momoh — @MyChinsure
🔹 Emmanuela Fawole — @AXAMansard
🔹 Olusanjo Shodimu — @AIICOINSURANCE
🔹 Dr. Nelson Madu — @coronation_ng

Register: https://t.co/iICcQR01HD

#CuracelFrontline #MotorInsurance #AI

[Curacel (YC W22) @curacel]

The Intelligent Document Processing market: $9.18B by 2032 at 25.8% CAGR. Per Meticulous Research.

80-90% of enterprise data is unstructured. BFSI is the largest buyer segment. Banks, insurers, and lenders are the primary adopters.

The question is no longer whether to automate. It is when.

https://t.co/xctaW112sR

#IDP #DocumentProcessing #Curacel

[Curacel (YC W22) @curacel]

On the panel

May 29: Ejiro Efekoha-Momoh, Group Head of Underwriting at CHI Insurance — on what AI changes for motor underwriting in West Africa.

Register → https://t.co/cKSotoRMp0

[Curacel (YC W22) @curacel]

Update: Curacel Frontline moves to Friday, May 29 🗓️

Senior leaders from AXA Mansard, CHI, AIICO, and Coronation Insurance on the panel.

One topic: AI in motor insurance in West Africa.

Register 👇
https://t.co/IMx4DYAIFf

#CuracelFrontline #MotorInsurance #AI

[Curacel (YC W22) @curacel]

14 days to approve a loan. 10 of those days were document verification.

After automating extraction: 4 days. Same documents. Different infrastructure.

30% of applicants used to drop off waiting. Now the decision arrives before they start looking elsewhere.

https://t.co/xctaW112sR

#ExtractAI #Lending #Curacel

[Curacel (YC W22) @curacel]

11pm. 3am. Sunday morning. Public holiday.

Support AI does not have a shift. Claims queries, disbursement tracking, policy questions. Resolved or escalated based on the query, not the clock.

https://t.co/cpfqPIFB7D

#SupportAI #CustomerSupport #Curacel

[Curacel (YC W22) @curacel]

750,000+ claims. 15+ markets. English, French, and Arabic.

Building AI for one market is hard. Building AI that works across Anglophone, Francophone, and Arabophone markets is a different problem entirely.

Same architecture. Market-specific intelligence. Every claim teaches the system something new.

#BuildingInPublic #Curacel #AIInfrastructure

[Curacel (YC W22) @curacel]

Why come to Curacel Frontline #2 on May 28?

→ Where AI is actually working in motor
→ Build vs. buy
→ How regulation is shaping rollout in West Africa

Register → https://t.co/5esB8LDUBB

[Curacel (YC W22) @curacel]

Extract AI was built for insurance claims. Then banks asked for KYC processing. Lenders asked for loan documents. Compliance teams asked for regulatory filings.

Same infrastructure. Different documents. Same bottleneck solved.

https://t.co/xctaW112sR

#ExtractAI #DocumentAI #Curacel

[Curacel (YC W22) @curacel]

Six products. One platform.

Health AI: claims processing. Auto AI: vehicle inspection. Extract AI: document extraction. Support AI: 24/7 support. Pay AI: payment settlement. Grow: embedded insurance API.

The problems are connected. The infrastructure should be too.

https://t.co/ktGQKrQx9B

#Curacel #Insurtech #Platform