On July 9th, Nairobi emerged as the epicenter of Africa’s insurance transformation at the Radisson Blu Nairobi Arboretum. Curacel’s landmark event, "AI in Insurance Today: The Path to Increased Profitability and Efficiency," brought together leaders and innovators committed to reshaping the future of African insurance through AI.
‍

Why Nairobi? Why Now?

Nairobi's strategic position at the intersection of technological innovation, regulatory advancement, and burgeoning consumer demand made it the perfect backdrop for this critical dialogue. The city's vibrant ecosystem served as a fitting launchpad for showcasing AI’s transformative potential within insurance, driving deeper penetration and boosting profitability.
‍

Key Insights and Highlights:

• Opening Remarks by AbdulJabbar Momoh (VP Commercial, Curacel) set the tone, emphasizing AI’s pivotal role in reshaping insurance economics and Curacel’s commitment to leading the transformation.
• Justine Kosegei, CEO of AAR, delivered a compelling keynote, illustrating how AI is actively reshaping the industry through real-world examples, success stories, and a candid discussion of opportunities and challenges.
• Partner Spotlight by Tommy Fung (VP Sales & Marketing, Bytesforce) highlighted modern core applications for insurers, showcasing the practical impact of integrating AI solutions like Bytesforce Insuremate.
  
  

Panels of Practical Impact:

Two engaging panel discussions stood out:

1. Optimizing Claims and Fraud Detection:
   
   • Led by moderator Melvin Malanga (Enterprise Sales Manager, Curacel East Africa), featuring Dr. Jane Mnyapara (Jubilee Insurance) and David Mumo (APA Insurance).
   • The panel offered actionable insights on AI-driven claims processing, fraud detection, and operational efficiency, underscored by real-world case studies.
2. AI-Driven Risk Assessment:
   
   • Moderated by AbdulJabbar Momoh, featuring Jihan Abass (CEO, Lami), Nasar Shammasi (Bytesforce), Charles Mutunga(Pacis Insurnce) and Lydia Gathoni (Jubilee Insurance).
   • The conversation explored innovative AI applications in pre- and post-loss assessments, product innovation, ethical considerations, and regulatory landscapes.
     ‍

Fireside Chat on Sustainability:

Timothy Mburu (Group CIO, Liberty Life & Heritage Insurance) offered strategic guidance on building sustainable AI strategies that transcend pilot phases, emphasizing long-term integration into digital transformation roadmaps.
‍

Closing Insights:

Wangeci Kanjama (Board Member, Old Mutual Kenya) delivered an impactful closing keynote, summarizing key learnings into an actionable AI Playbook designed to optimize operational excellence and profitability.

‍
‍

Demonstrating AI’s Real-world Impact:

Product demos throughout the event showcased Curacel’s innovative suite—including Curacel Health, Auto, Growth, and Pay—bringing AI’s practical benefits vividly to life.
‍

Continuing the Conversation:

As Melvin Malanga encapsulated in his closing remarks, this summit wasn’t merely an event—it marked a transformative movement in African insurance. Attendees departed not only inspired but also equipped with actionable insights to incorporate AI meaningfully into their insurance businesses.
‍

Looking Ahead:

Curacel remains at the forefront of driving insurance innovation through AI. This Nairobi event has reinforced our collective responsibility and potential to revolutionize insurance profitability, penetration, and sustainability across Africa.

AI isn’t a distant future—it’s today’s imperative. Curacel invites industry leaders and innovators to continue this essential dialogue and actively participate in reshaping the landscape of insurance across the continent. Join us in pioneering the future—connect with Curacel today to explore how AI can elevate your insurance business to new heights.

‍