Index insurance product creation
OKO partners with the most advanced weather information providers, using satellite or micro-wave technologies to obtain hyper-local data that can be used to:
- define the risk with high precision, and therefore optimize the premium price
- automate the claim validation process by analysis of the historical data
Distribution tools
OKO creates innovative tools to distribute insurance in remote areas and to unbanked farmers. These tools include:
- a USSD menu that allows farmers to manage their policies from any mobile device
- a mobile app, which provides a second-to-none customer experience, and is usable offline
- an API that lets partners (micro-finance institutions, for example) access relevant information securely
Insurance policy management
With a dedicated tool that connects to mobile payment platforms, weather information providers and our distribution tools, managing hundreds of sales agents and millions of policies becomes easy.
OKO's solution includes:
- Performance monitoring tool
- Secured policy archiving
- Reporting tools for regulators
and much more
