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BeNew Insurance - InsurTech Innovation Award 2022
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
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 37,000 + Clients to gain & manage in the next four years
https://benew.business.site
9. COMPETITION
OUR COMPETITORS
InsurTech - Pether Corporation
Traditional Insurance - Prudential Beneficial, AXA Cameroon,
Atlantique Assurance.
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
Partner, Head of Sales
NEWTON BEZENG
Founder & CEO
MYRIAM ZIE
Partner, Head Operations
& Marketer
https://benew.business.site
11. Future Roadmap
❏ 2022 - Cover up to 2,000 Lives & add a saving component
❏ 2023 - Cover up to 5,000 Lives
❏ 2024 - Cover up to 10,000 Lives
❏ 2025 - Cover up to 20,000 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