Leveraging business intelligence and data analytics to combat insurance fraud and enhance financial inclusion in Nigeria’s insurtech sector
By Oluwadare Esther Funke
Name: Courage Okey
Company name: Nubeero Nigeria
Occupation: Manager, Data Analyst and Projects
Education: Bsc Biochemistry and Msc in Risk Management and Insurance (Focus: Technological Innovation in Insurance)
Travel history: Ghana, Gambia, South Africa, Canada, America and UK
Certification: Prince2 Practitioner, Microsoft Power BI Data Analyst, Tableau Essentials and SQL Certificate
BACKGROUND INFORMATION
Brief background and history (company):
Eclat Insage Nigeria, founded in 2023, is a forward-thinking technology company based in Nigeria. Specializing in innovative digital solutions, Eclat Insage developed a suite of products aimed at revolutionizing the insurance industry.
These include digital motor insurance products, an AI-driven motor insurance renewal tool, an API-driven motor insurance validity and expiry check service, and a vehicle registration authentication product. The company focuses on enhancing customer experience, improving operational efficiency, and ensuring regulatory compliance, positioning itself as a key player in the modernization of Nigeria’s insurance landscape
Brief background and history (self): I am a Nigerian from the South South Region, River State to be Precise. I had my primary and secondary education within Ikeja local government of Lagos State. At the higher institution I studied Biochemistry.
During my NYSC in Plateau State I was a teacher in a secondary school where I taught Chemistry and Biology. I have worked within the banking space for over 9 years; working within the Mastercard, Card Services, Branch Operations, Project Management and also as a Data analyst, department of a reputable bank.
I transitioned into the Insurance sector where I worked in Underwriting, procurement, Sales, Retail, Claims, and as a Project delivery manager. I am happily married and have a lovely family.
Achievements/awards: Most Valuable Player Award – 2015 (Old Mutual)
Outstanding Staff – 2008 Ecobank Card Services
Best Performing Student – 2022 (UWE Bristol, UK)
Education: Msc in Risk Management and Insurance
Significant projects or client:
Clients: Heir General Insurance, Heirs Insurance Brokers, Old Mutual Nigeria, SCIART Finance, Cashvance Nigeria
CURRENT EVENTS
What are you currently working on?
I am working on new product that can be embedded into taxi hailing apps which will improve security and privacy of the customers and Drivers.
What are your current goals?
My goals are to use Artificial Engineering and Technology to provide ease of living for everyday transactions or activities.
Are you involved in any upcoming events or projects?
Yes, I am involved in 3 projects that will be public within the next 8 months. A snippet of what these projects are all about are Staffing solution, Exercise tracking solution
What inspired you to pursue your current occupation?
I was always fascinated at the way technology has emerged and improved over the last decades; seeing that when we combined known technology to existing problems we can make a better more useful technology. My aim has always been “How do we make this process or service simpler, faster and more efficient”.
What challenges have you faced along the way?
Collaboration and funding. I have tried collaborating with several digital tech companies and only had a few agree to collaboration. Most consider my aim to make a product or service more simpler as not being lucrative while other consider it impossible. My products have been self funded; only receiving partnership after product launch.
What do you consider to be your greatest accomplishment?
Projects I completed with my organisation.
What advice would you give to aspiring professionals in your field?
MY advice to aspiring professionals is to seek out credible mentors, be open minded and focused.
What is your personal motto or philosophy?
What is unknown far outweighs what is known, possibilities are unlimited.
