Curacel logo

Curacel

AI-powered insurance infrastructure for emerging markets

Claims Technology Growth Seed
Visit Website

Overview

Curacel is an AI-powered claims and insurance infrastructure platform serving carriers, insurers, and financial institutions across Africa and the Middle East. The company provides tools for claims automation, fraud detection, and insurance distribution -- primarily targeting organizations operating in emerging markets where manual processes remain prevalent.

The platform comprises several AI modules covering health claims processing, motor insurance automation, document extraction, payment reconciliation, and a distribution API layer called Curacel Grow. Products are delivered as SaaS and API-first services, enabling insurers to integrate Curacel's capabilities into existing workflows. The company holds ISO 27001, SOC 2, HIPAA, and PCI DSS certifications.

Founded in 2019 and backed by Y Combinator (W22 batch), Tencent, and Google, Curacel has raised USD 5.07M and serves 7,000+ organizations across 10+ African and Middle Eastern countries. Its Health AI module has processed over USD 100M in claims, and the Auto AI product has reached over 50% adoption among motor insurance users on the platform.

Products & Services

Health AI

Processes health insurance claims at scale with AI-powered workflow automation and fraud detection capabilities.

Key Features

  • AI-driven health claims adjudication
  • Fraud detection and anomaly identification
  • Processed over USD 100M in claims as of 2025

Target Users: Health insurers and TPAs operating in African and Middle Eastern markets

Auto AI

Provides motor insurance underwriting and claims automation.

Key Features

  • Motor claims intake and automation
  • Underwriting support tools
  • Over 50% adoption rate among motor insurance users on the platform

Target Users: Motor insurers and P&C carriers

Extract AI

Converts claim documents and supporting materials into structured data using document intelligence and OCR.

Key Features

  • Document extraction and parsing
  • Structured data output from unstructured claim files
  • Supports multiple document types

Target Users: Insurers and TPAs processing paper-based claims

Support AI

Automates claims support and routing using AI-powered chat capabilities.

Key Features

  • AI-assisted claims support routing
  • Reduced manual workload for support teams
  • Integrates with existing insurer workflows

Target Users: Claims operations and customer service teams at insurers

Pay AI

Automates payment operations and reconciliation for insurance and financial operations.

Key Features

  • Payment workflow automation
  • Reconciliation and settlement processing
  • Designed for insurance and fintech use cases

Target Users: Insurers and intermediaries managing high payment volumes

Curacel Grow

An insurance distribution and management platform delivering APIs for insurance product distribution.

Key Features

  • RESTful distribution API for insurance products
  • Supports agencies, intermediaries, and digital platforms
  • Enables embedded insurance distribution

Target Users: Agencies, brokers, digital platforms, and fintech companies distributing insurance

At a Glance

Founded
2019
Headquarters
Lagos, Nigeria
Employees
11-50
Funding
Seed

Category & Focus

Category
Claims Technology
Subcategories
Claims Automation Fraud Detection Insurance Distribution Document Intelligence API Platforms
Insurance Verticals
Health P&C Personal P&C Commercial
Target Customers
Carriers, Brokers, MGAs/MGUs, TPAs

Customers

  • AXA
  • Old Mutual
  • Allianz
  • Wema Bank
  • Jubilee Insurance
  • Bupa Arabia
  • Sanlam
  • Topship
  • OnePort 365
  • OZE

Links

Similar Companies

Last updated: 2026-05-17