Cameroun - Startup de moins de 3 ans

Décrivez votre projet en quelques mots

Digitalizing and simplifying insurance processes. Our API insurance solutions enable businesses to integrate insurance products into their existing offerings and launch new insurance verticals for their customers.

01.01 Décrivez votre startup en détail

The insurance sector in Cameroon and CEMAC has only 0.9% penetration. This is due to poor education, training, and knowledge. More than 90% of the public believes insurance is for the police(law enforcement)and the elites(upper class). There is also a great barrier to entry for new insurance companies, brokers and agents, these give rise to illegal agencies which don't act in the best interest of the policyholder. Zito Assurance's mission is to use technology to digitalise the insurance sector in Cameroon and CEMAC. Using AI, Machine Learning our API and web-based solutions enable businesses (of all niches) to integrate insurance products into their existing offerings and launch new insurance verticals to their customers.

01.02 Quel est le problème principal que vous essayez de résoudre ?

The insurance sector in Cameroon and CEMAC has only 0.9% penetration. This is due to poor education, training, and knowledge. More than 90% of the public believes insurance is for the police(law enforcement)and the elites(upper class). There is also a great barrier to entry for new insurance companies, brokers and agents, these give rise to illegal agencies which don't act in the best interest of the policyholder.

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service fourni par votre startup (au moins 3).

Our solution will make good insurance available to every household at the best rates. Create a new revenue stream for local and existing businesses Filter out illegal and unethical distributors, increasing the adoption and consumption of insurance products in Cameroon

01.04 Veuillez décrire précisément à qui s'adresse le produit/service de votre startup. Quels sont les bénéficiaires visés ?

Individuals: Seeking personal insurance like life, health, auto, home, and travel insurance. Small and Medium Enterprises (SMEs): Requiring property, liability, business interruption, and employee benefits insurance. Large Corporations: Needing extensive insurance such as commercial property, professional liability, cyber, and D&O insurance. Government Entities: Needing insurance for operations, infrastructure, and employees. NGOs and Non-Profits: Requiring liability, property, and employee/volunteer insurance. Professionals: Seeking professional liability insurance. Agricultural Sector: Needing crop, livestock, equipment, and weather-related insurance. Transport and Logistics Companies: Requiring vehicle, cargo, and logistics operations coverage.

01.05 Quand votre entreprise a-t-elle été créée ?

14/05/2024

01.06 Vendez-vous déjà votre produit/service ?

Oui

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

4

01.08 Parmi les autres propriétaires, combien sont des femmes ?

2

01.09 Veuillez décrire le profil des autres propriétaires de votre startup (compétences, expérience, etc.).

Mme Glory Mbangsi: Cameroonian with 12 years of experience working in the insurance sector of Cameroon and CIMA certified broker. Miss Sylvie Song: Master's degree in Mathematics from the University of SOA, 8 years of working experience as a data analyst for the International Statistical Centre for Human Development Mr Enang Melle: BSc in Nursing, nine years as a senior registered nurse in charge of Community building and District development in South West. 6+ years Health care manager and team lead for the development of Universal Health Coverage Cameroun.

01.10 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

https://zitoassurance.cm

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Services financiers

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

Insurance helps reduce poverty by offering financial protection and stability. It mitigates risks by covering expenses from unexpected events like illness, accidents, or natural disasters, preventing individuals and families from falling into poverty. By protecting assets, such as homes and businesses, insurance prevents financial ruin and loss of livelihood. It also promotes savings and investment by reducing fear of loss and encouraging people to invest in education, health, and business opportunities. Additionally, insurance improves access to credit, as lenders are more willing to provide loans when losses are covered. It stabilizes incomes by covering medical expenses and providing financial support in case of a breadwinner's death. Health insurance enhances access to healthcare, leading to better productivity and economic contributions.

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

4

02.02.02 Justification de la contribution de ma startup

Insurance helps achieve Zero Hunger by providing financial protection and stability for agricultural productivity and food security. Crop and livestock insurance protect farmers from losses due to natural disasters, pests, and diseases, ensuring continued food production. It offers income stability, allowing investment in quality seeds, fertilizers, and technology, boosting agricultural yields. Insurance also facilitates risk management, encouraging sustainable farming practices and climate resilience. By improving access to credit, it enables farmers to expand and enhance their operations. Supply chain insurance ensures food products reach markets without significant losses, reducing waste. In disasters, insurance funds recovery, maintaining food supply continuity. Health insurance keeps farmers healthy and productive. Overall, insurance fosters a stable food system, supporting Zero Hunger.

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

7 - tout à fait d'accord

02.03.02 Justification de la contribution de ma startup

insurance promotes good health and well-being by providing financial protection and access to healthcare. Health insurance ensures that individuals can afford medical treatments, preventive care, and regular check-ups, leading to better health outcomes. It reduces the financial burden of medical expenses, preventing people from delaying or avoiding necessary care due to cost concerns. Insurance also supports mental health by covering therapy and counselling services, promoting overall well-being. Life and disability insurance provides financial stability for families in case of illness or death, reducing stress and enabling access to essential services. Furthermore, insurance encourages preventive measures and healthy lifestyles by covering vaccinations, screenings, and wellness programs. This proactive approach reduces the prevalence of chronic diseases and improves quality of life.

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

7 - tout à fait d'accord

02.04.02 Justification de la contribution de ma startup

Insurance supports Quality Education by providing financial stability and resources for families, schools, and educators, ensuring continuous access to education and minimizing disruptions.

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

1 - pas du tout d'accord

02.05.02 Justification de la contribution de ma startup

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

1 - pas du tout d'accord

02.06.02 Justification de la contribution de ma startup

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

1 - pas du tout d'accord

02.07.02 Justification de la contribution de ma startup

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

4

02.08.02 Justification de la contribution de ma startup

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

7 - tout à fait d'accord

02.09.02 Justification de la contribution de ma startup

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

7 - tout à fait d'accord

02.10.02 Justification de la contribution de ma startup

Insurance helps reduce inequalities by providing financial protection and access to essential services, enabling vulnerable and disadvantaged groups to better cope with risks and maintain economic stability.

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

7 - tout à fait d'accord

02.11.02 Justification de la contribution de ma startup

Insurance contributes to sustainable cities and communities by providing financial protection against risks, supporting disaster recovery, and encouraging investment in resilient infrastructure and sustainable development.

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

5

02.12.02 Justification de la contribution de ma startup

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

1 - pas du tout d'accord

02.13.02 Justification de la contribution de ma startup

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

1 - pas du tout d'accord

02.14.02 Justification de la contribution de ma startup

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

1 -pas du tout d'accord

02.15.02 Justification de la contribution de ma startup

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

1 - pas du tout d'accord

02.16.02 Justification de la contribution de ma startup

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

4

02.17.02 Justification de la contribution de ma startup

N/A

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

2

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

4

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

7 - Tout à fait d'accord

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

7 - Tout à fait d'accord

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

5

06.06 Notre produit/service répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

7 - Tout à fait d'accord

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

7 - Tout à fait d'accord

06.08 Justification

06.09 Analyse compétitive

Our primary competitors are other license brokers and agents. Using AI, Machine learning and embedded insurance, we make the services/products accessible to the clients at their convenience, as opposed to the traditional storefront

11.05 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?