Enterprise Computing, a technology organisation, together with Microsoft Corporation has introduced a digital insurance solution in the African market.
The app addresses challenges in the industry which leads to significant revenue losses as a result of issuance of fake insurance policies and certificates. The app also introduces convenience by allowing customers to purchase and verify policies from their phones.
With smartCover, the policy issuance and payment become a fully digitized functionality. Agents can onboard new customers, generate quotes, receive payments and issue certificates with all parties receiving notifications in realtime. Reconciliation of motor sticker sales have become a fully digitized process thereby eliminating revenue losses as each sticker issued is digitally tracked.
For customers of insurance companies, an artificial intelligence feature, a chatbot allows them to interact with insurance companies at all hours instead of the usual working hours. Sticker purchased can be verified from the app as well as claims initiation.
Speaking at the launch event, a participant from the insurance industry, Mr. Rommel Lartey was excited about the features of the app such as the USSD which makes it possible for users without internet to conveniently use the app.
Other participants spoken to, were impressed with the QRCode, chatbot and Dashboard features of the app.
The head of Sales for Enterprise Computing, Mr. Michael Odame Tutu said the key features of the App being the digital tracking of motor stickers and certificates will save the industry millions of cedis which would have otherwise gone into the hands of wrong people. He added, “the USSD option we have included in this App will enable law enforcement verify stickers to help solve these challenges”.
Microsoft’s cloud Architect, Ifeanyi Aneke in his presentation impressed on participants from the insurance industry on the need to innovate quickly through digitization as a way of remaining competitive as well as increasing market share.
The CEO of Enterprise Computing, Mr. Jake Oyortey spoke about how car manufacturers such as Tesla would in the future disrupt the insurance industry as they had real-time data on driving habits of Tesla drivers and could from that determine the appropriate premium for each vehicle owner. This he indicated would be the trend as more vehicles gradually become part of the “Internet of Things”. He also cited examples of telecom companies now becoming major players in the financial space.
smartCover runs from Microsoft Azure platform as a cloud service.
About Enterprise Computing
Enterprise Computing is a technology-based organization with exceptional expertise in providing simplified solutions for all our valued customers. Their strategies are aligned with the best OEMs to provide scalable, relevant, dynamic and enterprise-worthy IT solutions that work. At the core of their operations is the design and deployment of simplified solutions with very short learning curves that helps to empower the IT team to make their work more productive. With I.T. running efficiently, uptimes are maximized leading to faster turn-around times for their clients while providing 24/7 fanatical support.
- Mobile Money transactions in only 2 months of 2023 hit ¢264.1bn
- We would all have sworn to Antoa if my dad was alive – Zanetor Rawlings
- Kamala Harris urges Ghana’s creditors to help meet debt obligation amid IMF talks
- Speculation that NDC imposed its decision on Minority Caucus is untrue – Sammy Gyamfi
- I don’t know – Akufo-Addo on presence or otherwise of Al-Qaeda troops in Ghana
- Popular American filmmaker Spike Lee is in Ghana
- T-Bills auction: sales undersubscribed by 23%; interest rates remain stable
- BoG increases policy rate to 29.5%; loans to remain expensive
- We’re committed to helping Ghana resolve current economic crisis – China assures
- Ghana records $752.8m trade surplus in first 2 months of 2023
- Israel Laryea is away “on loan” at Influencer Africa
- Patriotism won over partisanship – Annoh-Dompreh on approval of six ministerial nominees
- Livestream: PM Express discusses NDCs betrayal
- Fight against galamsey will be won if Akufo-Addo loses power – Kwakye Ofosu
- People fail in life due to their mindset – Motivational speaker
- Become the voice of climate change reporting – Climate Change Fellows urged
- Destination Ghana Global Project announces This Is Africa Festival
- Kamala Harris features Black Sherif, Amaarae on Spotify playlist
- Kwaebibirem United FC to raise funds to support operation of the club
- 9-year-old Fotocopy makes history with two concerts in a day
- Ivy Setordjie: Drinking to a warming globe – Part 1
- World Theater Day: Stakeholders urged to commit more resources to industry
- I did not defy orders not to vote for Akufo-Addo’s ministerial nominees – Akatsi North MP
- I was sexually harassed on a bus – Ernest Opoku reveals
- Ghanaians are not go-getters compared to Nigerians – Oscar Bimpong