Curacel

Curacel is an insurtech company founded in 2019 and headquartered in Lagos, Nigeria, building AI infrastructure that automates insurance claims processing across African health and general insurance markets, where manual paperwork and claim fraud remain widespread.

Its Health AI module ingests hospital bills, lab reports and prescriptions submitted by healthcare providers, auto-adjudicates claims and flags fraudulent or duplicate submissions before payout, while a companion Extract AI service digitizes scanned medical documents; the API-based platform is integrated by insurers and HMOs such as AXA, Old Mutual and Allianz operating in Nigeria and other African markets.

1. Claims Automation: AI auto-adjudicates health insurance claims submitted by hospitals and pharmacies.

2. Fraud Detection: Machine learning flags fraudulent, wasteful or duplicate claim submissions before payout.

3. Document Extraction: Extract AI digitizes scanned medical bills, prescriptions and lab reports.

4. Embedded Distribution: The Grow module lets partners bundle and sell insurance products via API.

5. Payment Automation: Pay AI streamlines premium collection and claim reimbursement workflows.

6. Data Security: The platform holds ISO 27001, HIPAA and PCI certifications for handling health data.