Naked AI-based insurer expands coverage

In this edition of Business Day Spotlight, we look how how a new player in the insurance industry is attempting to reduce the cost and waiting times for insurance in SA through technology.

Our host Mudiwa Gavaza joins Ernest North, co-founder at Naked, the artificial intelligence based insurance platform at their offices in Parktown, Johannesburg.

In an insurance market dominated by large players like Hollard, Outsurance, Liberty and Old Mutual amongst others, Naked, has now entered the home cover market with its building and contents products as it continues its efforts to disrupt the traditional business model.

The discussion also explores trends that will likely shape insurance over the next decade, economics pressures currently facing consumers, the role of technology in changing how businesses work and the advantages of using AI to detect fraud.

Listen in to hear the full discussion and thoughts around these and other questions.

Business Day Spotlight is a MultimediaLIVE Production.