November 15, 2024
Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced the launch of Aspire - a licensed third-party administrator based in the United Arab Emirates (UAE). Developed in partnership with technology provider CarePay, Aspire offers an innovative platform aimed at transforming health insurance portfolio management for insurance companies.
May 23, 2024
One of the concerns in the health insurance industry is the increase in claims frequency in recent years, consequently leading to additional increases in costs. The increase in claims has intensified the burden of claims processing, hence impacting negatively on the insurers’ ability to stay lean and innovate.
April 9, 2024
M-TIBA (CarePay's subsidiary in Kenya), a leading health insurance technology platform, has integrated Artificial Intelligence (AI), into its insurance claims processing system, drastically reducing claim approval times to just hours.
September 18, 2024
CarePay International, a leading innovator in next-generation health insurance platforms, has successfully raised €10 million in fresh funding from Reinsurance Group of America (RGA) and the Health Insurance Fund (HIF), a fund supported by the Ministry of Foreign Affairs of the Netherlands. This crucial investment will accelerate the company's international expansion and innovation.
July 1, 2024
The Supervisory Board of CarePay International is pleased to announce the appointment of Pieter Prickaerts as the Chief Executive Officer (CEO) of CarePay International. Pieter will officially take over the position on July 1st, 2024, gradually assuming responsibilities from Kees van Lede over the coming months. After nine years of service, Kees will step down as CEO, but, as one of the co-founders of the company, will remain closely involved with the CarePay group in an advisory capacity.
August 23, 2023
After an audit by Prescient Security LLC, CarePay International is certified according to ISO/IEC 27001:2013 for its Information Security Management System (ISMS). Acknowledging its expertise in confidentiality, information integrity, and availability of data.
May 1, 2024
By digitizing your insurance value chain and embracing real-time data, you can gain a significant advantage. This approach fosters greater transparency, improves IBNR accuracy (and even decreases your IBNR), and empowers you to navigate the insurance landscape with more confidence.
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CarePay is established in 2015 in Kenya. Partnering with PharmAccess Foundation and Safaricom, CarePay developed a health insurance platform, branded as M-TIBA in Kenya. CarePay's HQ is located in Amsterdam.
