Aqilee Inc.

Company Description

Aqilee is an AI-driven solution designed to help insurance companies fast-track insurance claims and detect fraudulent claims. This will help to significantly reduce losses to fraud and, in the process, fast-track claim processing for insurance clients. Aqilee models are trained using thousands of accident records and can flag claim inconsistencies from any given accident detail. An estimated $6B is lost annually in Africa to fraudulent claims. As a result, insurance companies take 50% more time than needed to process claims (up to 21 days) in an attempt to detect fraudulent claims, leaving honest clients with a bad experience.