TEL : +44 (0)1992 428233
info@citikaneinvestments.com

Citikane Africa Central Insurance IT Hub Platform

Implementation of an IT Hub for the primary purpose of issuing electronic cover notes and maintaining a central database of motor vehicle policy cover. As well as all other types of insurance covers.

OUR Solution

1 - Web based enterprise business application

2 - Designed to capture all classes of Insurance business issued by insurance companies

3 - Allows remote upload of information by individual insurance companies from all over the country

4 - Allows remote verification of individual policies by insuring public, via the internet and SMS.

5 - Allows remote verification by law enforcement agencies using a mobile handheld devices.

SECTOR Challenges

  • LAW ENFORCEMENT

    Inability of LEA to remotely enforce and verify Police Documents

  • MONITORING UNAVAILABLE

    Data on Policies are fragmented and Data for monitoring trends and behaviour is largely unavailable

  • POLICY VALIDATION

    Policy holders are not able to validate polices covering their assets

  • LOW COMPLIANCE

    Low Compliance with Insurance #38; Pension Reform Acts

SYSTEM Objectives

To create a means of integrating with stakeholders responsible for lay enforcement and other regulatory agencies e.g Police etc

Provide a platform for independent verification of the authenticity of insurance policies issue anywhere in each country by stakeholders.

Increase insurance penetration and assit each country to achieve MDRI goals

Serve as an authentic repository of data for the insurance industry.

To develop the capacity within the Insurance Regulators/Agencies to monitor and authenticate insurance transactions.

To reduce the incident of fraudulent insurance transactions and policies most especially for Motor Policies towards increasing the revenue of insurance companies in each country.

To develop the capacity to generate authentic and reliable statistical data for the qualitative analysis of industry performance and further economic research

View Benefits

  • Address

    Citikane Investments Ltd
    206 Turners Hill
    Cheshunt, Hertfordshire EN8 9DE

  • General Information

    +44 (0)1992 428233

  • Email Address

    info@citikaneinvestments.com

Citikane Investments Ltd © 2018