Reinsurance Group of America
Reinsurance Group of America, Incorporated is a prominent player in the global life reinsurance sector, managing approximately $2.9 trillion of life reinsurance in force and assets totaling $39.7 billion. Founded in 1973 and headquartered in Chesterfield, Missouri, it is recognized as one of the largest life reinsurance companies worldwide, with a unique focus solely on life and health-related reinsurance solutions. The organization offers a range of core products and services, including individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. In 2013, the company processed over 580,000 facultative applications, establishing itself as a leader in this area within the life reinsurance industry.
CarePay
Funding Round in 2024
CarePay has created a mobile health data and payment distribution platform aimed at transforming healthcare delivery. Initially developed on mobile money foundations, the platform now integrates with various digital payment networks across multiple countries, establishing a permanent connection between patients, payers, insurers, and healthcare providers. This accessible platform allows users to utilize mobile health wallets for instant and low-cost transactions related to healthcare funding. CarePay's solution encompasses a comprehensive range of services, including enrollment, premium collection, beneficiary identification, and claims management, facilitating the management of large-scale health insurance schemes. The platform currently serves over 4.5 million users and connects more than 1,200 healthcare facilities. Founded in Kenya, CarePay has expanded its operations to Nigeria and Tanzania, with its headquarters in Amsterdam. The company has received international recognition for its innovative approach, winning awards such as the FT/IFC Transformational Business Award and being named a Technology Pioneer by the World Economic Forum.
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