Technology
What’s the Difference Between Savings and Insurance?
In Africa, financial planning is becoming a key topic as more people seek security and stability in an unpredictable economy. One of the biggest financial questions people ask is: Should I focus on savings or invest in insurance? While both play crucial roles in financial security, they serve different purposes. Understanding their differences can help you make smarter financial decisions in 2025 and beyond.
Apr 10, 2025
Technology
Why Micro-Insurance is the Key to Protecting Africa’s Informal Sector
Sources have revealed that Africa's informal sector is the backbone of its economy, employing over 80% of the workforce in many countries. From market traders and artisans to small-scale farmers and transport operators, millions rely on informal work for their livelihood. However, this sector remains highly vulnerable to financial shocks, natural disasters, and health emergencies. Traditional insurance has often been out of reach due to high costs, complex policies, and lack of accessibility. This is where micro-insurance comes in, offering affordable and flexible coverage tailored to the needs of Africa’s informal workers.
Mar 17, 2025
Technology
Redpear Star Employee of the Year 2024: Robert Robert Dieu Donne Tawiah
At Redpear, excellence is not just a goal, it's a culture. Each year, we recognize individuals who embody our values of dedication, innovation, and teamwork. For 2024, the well-deserved title of Redpear Star Employee of the Year goes to none other than Robert Robert Dieu Donne Tawiah, our outstanding Projects Coordinator and QA Lead. His journey is one of resilience, growth, and unwavering commitment to excellence.
Feb 12, 2025
Technology
Can Insurtech help reduce insurance fraud?
Insurance fraud is a billion-dollar problem that affects both insurers and policyholders. Fraudulent claims, identity theft, and false information drive up premiums and reduce trust in the industry. Fortunately, insurtech is transforming the way insurers detect and prevent fraud by leveraging artificial intelligence (AI), blockchain, and data analytics. In this blog, we explore how these technologies are making insurance fraud detection smarter, faster, and more effective.
Feb 12, 2025
Technology
Enhancing Risk Assessment: Harnessing the Power of Machine Learning
In the realm of risk assessment, traditional methods have long been the cornerstone of decision-making processes across various industries. However, the advent of machine learning has revolutionized how organizations approach risk analysis, introducing a new era of predictive accuracy and efficiency. In this blog, we will delve into some reasons why Incorporating Machine Learning in Risk Assessment is relevant.
Dec 13, 2024
Technology
Peer-to-Peer Insurance: An Exciting and Innovative Approach to Protecting What Matters
Hello, fellow insurance aficionados! Today, let's delve into the world of peer-to-peer insurance models and explore how this innovative approach is reshaping the insurance industry.
Dec 18, 2024