The Challenge of High-Volume Microinsurance
Microinsurance products require processing thousands of micro-transactions daily with minimal administrative overhead. Traditional insurance policy engines built on legacy monolithic architectures fail under high-concurrency mobile traffic.
Engineering Solution
Our engineering team designed a decoupled policy administration engine utilizing Node.js, PostgreSQL, Redis Caching, and Paystack / Flutterwave API hooks.
Core Capabilities Delivered: - Sub-2 Second Policy Issuance: Instant SMS and email policy certificate delivery. - Automated Claims Logic: Photo-based damage assessment and instant underwriting verifications. - NDPR & GDPR Security Compliance: AES-256 field-level encryption for sensitive policyholder records.
*Case study featuring implementations for Yes Microinsurance and GOXi Microinsurance.*