Jamii Africa

Health Insurance for the Marginalized!

In Tanzania, of 50million people, only 4% have health insurance, and these are from the formal sector, getting health insurance as an employment benefit. About 20% makes the middle income that can afford out of pocket healthcare financing, the remaining 76% makes the low income population struggling with basic healthcare financing. The situation is the same in the rest of Africa. The low income population faces high risk of deaths from curable diseases, home births and maternal deaths.

Insurers are not able to quote affordable policies for families making less than $100 a month due to high insurance administration cost.

We built a mobile based insurance administration platform that perfoms all administration activities of the insurer, from customer on-boarding, premium collection, befit ledger management, claims processing and claims payout. We then partnered with an insurance company to underwrite the product and provide a network of hospitals to enable us to pay claims directly to hospitals. We finally partnered with a telecom company to enable mobile based distribution, use of mobile money for premium collection and marketing.

With the platform and strategic partnerships, we made health insurance 100% paperless and cashless, cutting down insurance administration costs by 90%, hence enable the insurer quote policies for as low as $1 a month.

This makes health insurance accessible and affordable to 80% of the Africa population and enable the low income population access quality medical services from private and public hospitals.

Our insurance management  platform is a new technology which operates on both USSD (making the product accessible via basic and feature phones) and mobile application.

Our strategic partnership is a new process for solving access to healthcare which capitalizes on strength areas of a fintech, an insurer and a telecom company to bring a mobile based affordable insurance product.

Our solution being 100% digital/ mobile driven and delivered depends on technology 100% Our customers need any type of mobile phone, use of mobile money or mobile banking and will use a provided Jamii ID number to access medical services from our network of hospitals.

At the hospital level, we provide hospitals with a smart phone which comes with a Jamii hospital application to verify customers, check benefits balance, submit claims and receive claims (via mobile money).

We are building a customer application for customers with smartphones and have add-ons to increase value to Jamii policy holders and subscribers (including hospital mapping, free health tips, localized language medial sites and wearables).

We also plan to add in more health insurers for richer product options.

Build in Artificial Intelligence to improve claims processing and reduce rate of fraudulent claims.

Use blockchain technology to enable patients'/ policy holders' medical information sharing within hospitals.

We are also expanding to Kenya as we establish our blueprint and launch in more markets in Africa and Asia.

Our identified next markets are Mozambique, Congo DRC and Nigeria before exploring growth to a new continent.

Our solution is 100% distributed via the mobile phone. Our telecom partner lists Jamii on it's main product menu which attracts over 6million people daily, users can then register and buy Jamii policies from there.

We also distribute Jamii via SMS, call center, foot soldiers and radio.

Existing customers are retained via SMS, call center reminders and continued marketing via radio, tv, bill boards, foot soldiers.

For rural customers, we recruit the local community leaders as education agents who get 6% commission for each policy they sell. We also work with SMEs, social saving groups, churches and mosques.

we currently have 50,000 subscribers and 7,000 people who have used medical services with Jamii.

60% of the users used their benefits for Malaria, UTI and cholera treatment while 200 women delivered with Jamii benefits. 40% of them were first time insurance users.

We expect to serve 200,000 customers in 12 months and 500,000 in 3 years. We will reach these achievements by increased marketing in Tanzania market and launch marketing in kenya.

A total of 500,000 people will access quality medical services and have reduced rate of deaths form curable diseases, home births and maternal deaths.

Lilian Makoi - CEO-Masters in International Business and 6 years experince in the telecom indusrty doing product development and account management.

Rayah Ndagire-COO- Masters in Business Administration and 7 years experience in telecom industry doing data analysis and operations management.

Amitabh Kumar -CTO- Bachelors in Mobile development with 4 years in telecom indusrty doing product development.

Johnson Bebwa- CMO 5 years in telecom industry managing marketing for the mass market.

George Alande- Advisor - MBA, 20 years in insurance industry

We operate on a revenue share model  where we keep 22% of each premium paid as platform fees.

We break even in Year 2 and are currently raising our Pre-Series A round -$1.5mil to finance expansion in the Tanzania market and setting up operations in Kenya. $500k already committed.

Potential assistance/ network to help improve our platform capabilities to world standard, exposure to potential partners and investors.

Blue print for new markets expansion, Platform capabilities for multi-country operations and funding.