Welcome to Greenraven
Integrating digital technology into all areas of business has become a critical success factor for insurance companies. Yet effective digital transformation is lagging behind. Current systems and processes contribute to the lack of scalability and high operational costs, resulting from:
- High cost of customer acquisition and policy maintenance.
- Time-consuming and costly new product development processes.
- Limited capability to integrate with digital eco-systems.
- Endless need for reconciling different databases in order to generate reports.
- To support changes in their business, legacy systems need to be continuously re-programmed, which is costly and slow.
With more than 20 years' industry experience
This contributes to low overall insurance penetration in Sub Saharan Africa and presents one of the market’s largest growth opportunities. Access to affordable insurance products for families is also one of the most effective ways of overcoming poverty and developing self-sufficient communities.
Changing strategies (e.g. work from home) and new technologies also impact on staff and work processes.
This needs to be managed effectively in order to achieve optimum outcomes from transformation projects.
What We Offer
At Greenraven we have extensive practical experience in the African insurance industry to be able to advise on a range of solutions.
Inclusive Insurance
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Digital Transformation
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Alternative Distribution Strategies
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Product Design
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Health Insurance
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Reporting
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Change Management & Staff Mentoring
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Self-Insurance & Profit-Sharing Arrangements
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Meet Our People
Lucas Greyling CFP®
BCom (Econ), Adv PG Dip
Lucas has more than forty years’ experience in a wide range of life insurance, pension and medical insurance/scheme business, strategic planning and operational implementation. He has served in a number of senior management and board level positions in South and East Africa. He has consulted widely to insurance companies and community organisations in Africa about digital transformation and to assist them in engaging the mass market more effectively with affordable insurance products.
Nigel Bowman
B Comm Hons (Actuarial Science), FASSA
Nigel is a qualified actuary with more than twenty years of experience in the life insurance industry, having worked extensively in product development roles, focusing on inclusive insurance markets in sub-Saharan Africa, complemented with recent start-up and fintech experience.
He was recently the Product, Actuarial and Analytics Executive for Inclusivity Solutions, a technical services provider specializing in creating inclusive digital insurance markets. Prior to joining Inclusivity Solutions, he ran an independent actuarial consultancy providing strategic advice, business case development, financial modelling, and product development services to life insurance companies operating Sub-Saharan Africa.
Nigel currently chairs the International Actuarial Association’s Inclusive Insurance Virtual Forum.
Adri Joubert
BCom (Law), LLB, completed course work for LLM (Insurance Law)
Adri has more than thirty years’ insurance industry experience specialising in insurance law, cell captives and pensions law – with an emphasis on policy contracts drafting, retirement fund products and contracts and cell captive structures and contracts.
Adri has formerly represented Old Mutual on boards of trustees of several large retirement funds as well as serving as a member of the Legal & Technical Committee of the Institute of Retirement Funds (IRF). She also served on the Retirement Funds Administration Committee of the Association for Savings and Investment South Africa (ASISA).
Kobus Barnard
B Compt Hons (Management Accounting), AGA (SA)
Kobus has nearly thirty years of Financial Accounting and Management Consulting experience. He has gained invaluable experience as an audit manager, financial manager and then as independent consultant in the services, manufacturing, export, and software development industries.
Kobus’ focus is to support management in ensuring the Financial Health of the Business – through a process to Develop, Customise and Analyse financial and Management Reporting. He also makes independent recommendations to enable directors and business managers to make informed decisions in order to increase performance and profitability, which is critical for a business to survive, grow and ultimately generate cash flow and profitability.
Matthew Loughton
BSc. Computer Science
Matthew is a Software Engineer with over eleven years of extensive software development experience in a wide variety of industries and a long list of technology stacks. From leading migrations of legacy systems into the cloud, to directly integrating with third party applications resulting in seamless business operations, Matthew strives to bridge the gap between business and software. He has successfully planned, executed and led several software development projects while also automating inefficiencies and maximising development teams’ output. Most projects include retaining accuracy of financial and billing systems and their general robustness during transformation and change.
Nancy Ampah (Ghana)
M.Sc. (Biological Sciences), MBA (Management Information Systems)
Nancy is a distinguished Insurance Professional and Consultant who has made a significant impact in the industry. As the former CEO of Nationwide Medical Insurance (NMI), she led the company to become the leading player in the private health insurance sector. Nancy’s expertise extends beyond her academic achievements. She has a wealth of experience in research, particularly in the field of public health, and was a pioneer in the establishment of the National Health Insurance Scheme (NHIS) in Ghana. Her extensive knowledge in health insurance, combined with her senior management experience, has equipped her with valuable skills in project management, financial management, risk assessment, and leadership.
Client Testimonials
"Nigel Bowman's breadth of experience and actuarial skills makes him well-placed to deliver exceptional expertise on projects that relate to the development and pricing of insurance products as well as assessing and managing the risks that arise from such products."
Jeremy Leach,
CEO at Inclusivity Solutions
"I’ve known Lucas for almost ten years. The in-depth knowledge of the insurance market that he has is something that only comes from decades of experience. As consultant, he is thorough and committed to quality, and doesn’t hesitate to go the extra mile. Ultimately, be it in his consulting work or his innovation work, what sets him apart is his sense of purpose – he is “in it” for the end-results for the low-income target market that he wants to help achieve."
Christine Hougaard
Technical Director at Cenfri
"We consulted Greenraven for an insurance project in Uganda. Green Raven responded in time and gave us a fantastic proposal that helped move our work forward. They have in-depth knowledge about the African insurance market which is rare. We are so glad to work with Greenraven. They are super!"
Samuel Mugisha
CEO Stre@mline Health, Uganda