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Ma Pauline a widow age 54 mother of five,
member of SAWA Association
Unable to pay her Welfare contribution of
$20 USD/Y.
If Ma Pauline passes away, her children will
not benefit from the Association's welfare
scheme.
So no befitting burial, & 2 of her children
couldn't enrol to school due to lack of
finance
THE STORY BEHIND OUR
CREATION
https://benew.business.site
https://benew.business.site
BeNew INSURANCE
THE PROBLEM
https://benew.business.site
-Environmental
Risk;
In Cameroon
6M tons waste
plastic a year
-Low Insurance
Penetration;
less than 2%
have insurance
cover
-Lack
Education
on Insurance
as a service
SOLUTION
https://benew.business.site
PRODUCT & BUSINESS MODEL
Product Name; Ma Vie
https://benew.business.site
POSSIBLE MARKET
Associations over 5.000 Av. 40 Member, Micro SMEs over 120.000 Av. 5 Staff, Total
800.000, with vulnerable members like Ma Pauline.
https://benew.business.site
TRACTION
We are looking at 80,000 + Clients to gain & manage in the next four years
https://benew.business.site
Financials
Projected Revenues & gross profit
https://benew.business.site
COMPETITION
OUR COMPETITORS
InsurTech - AYO, Pether Corporation
Traditional Insurance - Prudential Beneficial, AXA Cameroon,
Atlantique Assurance CamVie.
WHY IS BeNew INSURANCE DIFFERENT
We provide Micro Group life policies, Alternative Premium payment
option via Plastic Collection
-We’re the First in the Cameroonian Market.
https://benew.business.site
THE TEAM
AZAH WANKA
Co-founder, Head of
Sales
NEWTON BEZENG
Co-founder & CEO
MYRIAM ZIE
Co-founder, Head of Operations
https://benew.business.site
Future Roadmap
❏ 2023 - Cover up to 8,000 Lives & add a saving component
❏ 2024 - Cover up to 14,000 Lives
❏ 2025 - Cover up to 24,000 Lives
❏ 2026 - Cover up to 34,000 Lives, Scale with a new product: Micro
Group Health Insurance for (Micro SMSs)
Scale clientele base, Add Saving Component, CEMAC Zone countries
https://benew.business.site
THE ASK
Finance: $1,000,000 (Software, License, Operation)
An Underwriter
A Tech Partner
THANK YOU
https://benew.business.site

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BeNew Insurance - Insurtech Innovation Award 2023

  • 1. Ma Pauline a widow age 54 mother of five, member of SAWA Association Unable to pay her Welfare contribution of $20 USD/Y. If Ma Pauline passes away, her children will not benefit from the Association's welfare scheme. So no befitting burial, & 2 of her children couldn't enrol to school due to lack of finance THE STORY BEHIND OUR CREATION https://benew.business.site
  • 3. THE PROBLEM https://benew.business.site -Environmental Risk; In Cameroon 6M tons waste plastic a year -Low Insurance Penetration; less than 2% have insurance cover -Lack Education on Insurance as a service
  • 5. PRODUCT & BUSINESS MODEL Product Name; Ma Vie https://benew.business.site
  • 6. POSSIBLE MARKET Associations over 5.000 Av. 40 Member, Micro SMEs over 120.000 Av. 5 Staff, Total 800.000, with vulnerable members like Ma Pauline. https://benew.business.site
  • 7. TRACTION We are looking at 80,000 + Clients to gain & manage in the next four years https://benew.business.site
  • 8. Financials Projected Revenues & gross profit https://benew.business.site
  • 9. COMPETITION OUR COMPETITORS InsurTech - AYO, Pether Corporation Traditional Insurance - Prudential Beneficial, AXA Cameroon, Atlantique Assurance CamVie. WHY IS BeNew INSURANCE DIFFERENT We provide Micro Group life policies, Alternative Premium payment option via Plastic Collection -We’re the First in the Cameroonian Market. https://benew.business.site
  • 10. THE TEAM AZAH WANKA Co-founder, Head of Sales NEWTON BEZENG Co-founder & CEO MYRIAM ZIE Co-founder, Head of Operations https://benew.business.site
  • 11. Future Roadmap ❏ 2023 - Cover up to 8,000 Lives & add a saving component ❏ 2024 - Cover up to 14,000 Lives ❏ 2025 - Cover up to 24,000 Lives ❏ 2026 - Cover up to 34,000 Lives, Scale with a new product: Micro Group Health Insurance for (Micro SMSs) Scale clientele base, Add Saving Component, CEMAC Zone countries https://benew.business.site
  • 12. THE ASK Finance: $1,000,000 (Software, License, Operation) An Underwriter A Tech Partner THANK YOU https://benew.business.site