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Is AI Disruption on the way for Kenya’s Insurance Space?

The earliest known reason for introducing insurance protection in Kenya, came during the time of the Colonial British — when they insured their farms and crops against loss, damage etc. Today, Kenya has 70% of the East African Insurance market (among Burundi, Uganda, Tanzania & Rwanda). Still, African Insurance is relatively nascent in terms of […]

Insurtechs are Thriving with Machine Learning. Here’s how.

Modern Insurance is only around 250 years old, about when the necessary statistical and mathematical tools to underwrite a business venture came to be. But statistical models, even the most advanced ones, need a very specific type of enriched data-diet for it to work optimally. Since then, the industry has always had to rely on […]

Is AI replacing Architects?

Architecture is perhaps the most complex discipline operating in more dimensions than any other coordinated human activity. However with the advancement of artificial intelligence, like every other profession, architects to are worried about the level of automation that has already taken away specific tasks from their roles. While the ‘Humans are hooked and Machines are […]

Top Trending React JS Libraries of 2019

If you’re a Javascript developer looking to experiment with modern frameworks, or maybe you’re a seasoned back-end or systems programmer, or perhaps you’re new to programming in general, but want to learn how to build dynamic web applications. Whether you are a sole developer or a project manager — the foremost thing you want is […]

Better dense shape detection in live imagery with RetinaNet

Convolutional neural networks have come a long way in conveniently identifying objects in images and videos. There are many networks like VGG19, ResNet, YOLO, SSD, RCNN, DensepathNet, DualNet, Xception, Inception, PolyNet, MobileNet and many more have evolved over time. They have been used in such practical purposes as detection of availability of space in the […]

TOP 10 INNOVATIVE INSURANCE PRODUCTS OF 2019

  We are witnessing the slow but sure, uberization of insurance. Insurers now more than ever, need big data-driven insights to assess risk, reduce claims, and create value for their customers. The industry is abuzz with a steady influx of new innovative products, deriving value in areas that were previously untapped. Processes like faster KYC […]

A Sandbox Approach in Insurance

The insurance industry has reached an evolutionary crossroad. The fast-evolving world of InsurTech mandates that insurers become digitally agile. With Fintech solutions becoming more common, a responsive approach would enhance the ability of promising insurance innovations to develop and flourish. There are various technologies stepping into the value chain to enhance and disrupt the way […]

The Biggest Insurance Payouts in History

When the unforeseen strikes, insurance practices everywhere are left holding their breath as they lie in wait for the dreaded number – the damage loss estimates – to come in. These numbers are astronomical, to say the least. Almost 70% of all business financial losses arise from only ten circumstances – just ten! with the […]

Cognitive Approach VS Digital Approach to Insurance

Digital transformation has gone from talk to action, with a momentum that shows no signs of slowing down. As cognitive capabilities have penetrated process, people, technology, things, augmented intelligence and decision making; the cognitive approach to insurance business is no longer considered a back-office ‘efficiency play’.  A cognitive computing system replicates human intelligence and comes […]

Mantra Labs partners with MongoDB as system integration partner

Mantra Labs is a product and technology services company across different domains in consulting, technology, outsourcing and next-generation services. MongoDB,  differentiates itself from other data platforms by being the only database that combines the foundations of relational database management systems (RDBMS) with the innovations of NoSQL databases. We are announcing our system integration partnership with […]

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