AiCare Limited - InsurTech Innovation Award 2022

1. Pitch Deck
July 2022

2. Last year, road accidents killed 4,347 people
Low insurance penetration
Consumers want affordable
insurance that reflect usage
Road fatalities are on the rise
Motorcyclists account for
1 in every accident death
17.3% Increase
2.4%
aicare.co.ke
The mobility landscape in Africa…
Road Accidents - Africa is where Spain was in the
80s!

3. To disrupt mobility in Africa and
deliver data-driven, innovations that
lead to safer, more personalized
driving.
Why we exist… aicare.co.ke

4. Problem
Install an IoT
device in the
Vehicle or
motorcycle
Collect realtime
driving data
Our proprietary
AI algorithm
analyzes this
data
We cluster drivers
and identify
patterns using
machine learning. ​​
Design & host
personalised
products that
incentivize safe
driving
aicare.co.ke
How our tech works…

5. Problem
We score the most important parameters to
predict accidents before they happen and
take preemptive action.
speeding braking acceleration cornering driver fatigue
How our tech works… aicare.co.ke

6. Problem
DRIVE LESS,
PAY LESS
Why pay annual
premiums for a parked
car when you can
...Pay, Per Kilometre
Fairer motor insurance
Insurers are raising premiums
to counter 8 years of loss-
making. We are working with
them to help them return to
profitability without penalizing
everyone.
Attract lower risk drivers i.e. drivers
who are less likely to cause accidents.
01
Fairer insurance premiums Pay-
How-You-Drive
04
Lower claims ratio for
profitability
02
Reliable accident data
to reduce fraud.
03
Expedited claims
settlements
05
SAVE
20%
FOR DRIVING LESS
Up to
aicare.co.ke

7. HOSPITAL EXPENSES
STAY LEGAL WITH THIRD PARTY COVERAGE
24HR M-PESA CASH OUT POST ACCIDENT
DEATH & DISABILITY BENEFITS
FREE AMBULANCE RESCUE
Up to Kes. 10,000 to cover cost of repairs or downtime
Covers rider hospital expenses up to Kes. 20,000
Up to Kes. 100,000
Covers damage to a 3rd party property/vehicle or injury to a third-party person.
Incase of a serious accident. Available 24/7
Countrywide
Roadmap - 2 & 3 Wheelers aicare.co.ke

8. Problem
Other Applications
Automated Road Rescue
Targeted Advertising
A safer ride for kids.
Used by busy parents who rely on a
third party to drive their children.
We automatically detect accidents and
dispatch an ambulance (depending on
severity) saving lives especially at night or in
remote areas.
Deliver demand-driven, targeted advertising based
on mileage, vehicle usage, fault alerts and location.
TripBuddy
aicare.co.ke

9. TRUSTED BY...
1st to offer automated ambulance dispatch after accidents
1st Kenyan company offering riding behaviour algorithms
Pilot with Kenyan insurance company (April 2021)
One of 3 companies to receive the winning grant from Prudential Insurance
Strategic investment from Toyota VC arm, Mobility 54
Pilot with Starehe sub county bodaboda association of Kenya
Collected and analysed data from the bikes and feedback from riders.
Official telematics licence , Communications Authority
Launched TripBuddy mobile app
QI, 2021
Q2, 2021
Q3 2021
Q4, 2021
Q1, 2022
Our journey…

10. Problem
aicare.co.ke
Where we are now…
Data shows that low mileage drivers responsible for only
20% of claims. Our new insurance product will reduce
loss ratios from 85% - 44%
Pilot with Qhala on
“insuring memories”
BodaSecure Insurance product
24-hr cash disbursement on mobile, life
benefits, ambulance rescue.
Building a speed governor for PSVs
that will utilize our driving behaviour
algorithms for road safety.
Finalized on structure of pilot.
Pending; budget approval from
Sanlam, contracts and launch

11. PhD scholar in AI and machine learning
Lectured in Data Science/Big Data.
Published in several scientific journals.
ARTHUR MULWA JAIME DE’ MIGUEL
IRENE GITHUA
CTO
CMO
CEO
Our CEO, Arthur is an
authority in financial risk
management.
Previously traded
commodity derivatives
for Credit Suisse in New
York.
Instrumental in building
the risk framework for
the Nairobi Stock
Exchange (NSE).
Irene has over 22 years
experience in marketing
with extensive experience
in tech product
commercialisation.
aicare.co.ke
Management team…

12. AiCare is an intelligence-driven data science
company with a mission to digitize mobility
experiences. We turn driving data into usable
insights enabling motor industry players to
deliver rich, value-priced products leading to
safer, more sustainable driving for both
vehicles and motorcycles.
+254 719 453 171
info@aicare.co.ke
INTERESTED IN WORKING WITH US?