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Using IBM Analytics, Santam Saves $2.4 Million in Fraudulent Claims

By Guest PostMay 9, 2012Technologyafrican continent, algorithmics, analytics software, anesh govender, clarity, fraud, fraud syndicate, i2, ibm, insurance company, olrac spsolutions, openpages, rich holada, risk, santam, South Africa, spss

Analytics Software Enhances Insurer’s Ability to Resolve Claims Faster

Johannesburg, South Africa – 09 May 2012: IBM today announced that Santam, South Africa’s leading short term insurance company, has saved $2.4 million on fraudulent claims in the first four months of using IBM business analytics software. The analytics software has enhanced Santam’s fraud detection capabilities and also enabled faster payouts for legitimate claims.

“IBM and OLRAC-SPSolutions have helped us build a solution that has not only transformed our claims processing methodology in terms of speed and efficiency, but also provides new insight which helps us identify false claims more quickly, which protects our business and customers,” said Anesh Govender, Head of Finance, Reporting and Salvage at Santam. “The solution has delivered a full return on investment and also helped uncover a motor insurance fraud syndicate in less than 30 days after the system went live.” (more…)

Africa’s Female Students Are Fighters and Survivors

By Guest PostOctober 21, 2011Cultureafrica, african continent, cameroon, developed countries, education of girls in developing countries, housecleaners, male domination, marie lambert chan, pitfalls, quebec, sexist stereotypes, sexual harassment of male teachers, sub-saharan africa, therapeutic, thesis, togo, université de montréal, university education, valese mapto kengne

The education of girls in developing countries is lagging by at least 30 years in comparison to the education of girls in developed countries. This is particularly true in sub-Saharan Africa, where only a minority of women get a university education. Why does this disparity still exist today?

Valèse Mapto Kengne obtained her diploma last spring from the Université de Montréal Faculty of Education where she devoted her thesis to answering that very question. “I wanted to know the truth behind the numbers. Why do some girls drop out? And contrarily, what drives the others to persevere? (more…)

Bharti Airtel and IBM Join Forces to Transform Emerging African Mobile Communications Market and Fuel Economic Development Across the Continent

By Guest PostSeptember 17, 20101 commentEconomy, Technologyafrican continent, african mobile communications, bharti airtel, bharti airtel limited, crowne plaza hotel, economic development, ibm, ibm research, Kenya, nairobi, samuel j. palmisano, spoken web, sunil bharti

NAIROBI, Kenya & ARMONK, N.Y. – 17 Sep 2010: In a move that will accelerate the transformation of African mobile communications and positively impact the speed of economic development across the African continent, Bharti Airtel Limited and IBM (NYSE: IBM) today announced the selection of IBM to manage the computing technology and services that power Bharti Airtel’s mobile communications network spanning 16 African countries.

An agreement is expected to be finalized in the fourth quarter.

(more…)

Tag Archives: african continent

Using IBM Analytics, Santam Saves $2.4 Million in Fraudulent Claims

Africa’s Female Students Are Fighters and Survivors

Bharti Airtel and IBM Join Forces to Transform Emerging African Mobile Communications Market and Fuel Economic Development Across the Continent