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.
November 2, 2023
H.M. Queen Máxima of the Netherlands visited ZamZam Medical Services in her capacity as, the United Nations Secretary-General’s Special Advocate for Inclusive...
April 17, 2025
Amsterdam, The Netherlands – 17 April 2025 – CarePay, a leading partner in transforming health insurance in East Africa and the MENA region, has secured €5 million in new funding from Invest International. Invest International joins Reinsurance Group of America, Incorporated (RGA) and the Health Insurance Fund (HIF), backed by the Dutch Ministry of Foreign Affairs, in their recent investment in CarePay announced last year.
March 11, 2025
CarePay, a leading innovator in next-gen health insurance platforms, has announced the establishment of a Growth Advisory Board to drive its international expansion strategy. The board, comprising industry experts, will provide strategic guidance to help CarePay scale globally, navigate market opportunities, and forge new partnerships.
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.
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.
