To help people select the insurance policies that best suit their needs, Egyptian tech entrepreneurs have developed a comparison platform.
Amanleek is an online platform for comparing insurance offers, particularly in the automotive and health sectors. This digital solution was developed by an Egyptian startup based in Cairo, founded in 2019 by Ahmad Baracat, Ihab El Sokary, Mohab Aboueita, and Mohamed Mansour.
The startup collaborates with 18 insurance companies operating in Egypt. Its algorithm compares available offers to identify the best options. It has also integrated data and AI-driven insurance solutions to optimize its services according to users' needs. By digitizing the process of purchasing insurance policies and enabling the submission of required documents online, Amanleek has reduced the time needed from several weeks to just a few minutes.
Amanleek has established strategic partnerships with various companies, including players in telecommunications, Buy Now, Pay Later (BNPL) services, and payment networks, to facilitate financial transactions on its platform. Operating in over 20 governorates across Egypt, the platform claims more than 300 corporate clients. In July 2024, Amanleek was selected for the inaugural cohort of the Timbuktoo Fintech Hub.
The platform offers a mobile app available on iOS and Android. Users can create an account by entering their personal information and then providing the necessary details to allow the algorithm to suggest the best offers tailored to their needs.
Adoni Conrad Quenum