Portfolio + Subscription Manager

Motor cover in Ghana is a 12-month contract that quietly expires. Most policies lapse in silence — no reminder, no easy way to pay, no second touch. Veneka's game-changer layer sits on top of Serene's existing policy admin and turns every renewal into an automated journey: engage the policyholder on their channel, then collect the premium in-thread by MoMo. Figures below are indicative; engagement journeys are a configurable capability, shown illustratively.

1 · The renewal book — and where it leaks

Every motor policy has an expiry date. Left alone, a policy that reaches expiry without contact simply lapses — the customer is uninsured and Serene loses the premium. Here is a sample book with each policy's lapse risk.

55%
Renewal rate (illustrative)
3
Policies at risk
0
Lapsed recovered
PolicyPolicyholderCoverPremiumExpiryLapse risk
MOT-1042Ama BoatengComprehensiveGHS 1,850 in 30 daysOn track
MOT-0987Kofi MensahThird-partyGHS 640 in 7 daysAt risk
MOT-1120Yaa DansoComprehensiveGHS 2,100 in 3 daysCritical
MOT-0771Kwesi OwusuComprehensiveGHS 1,430 in 12 daysAt risk
MOT-0602Efua SarpongThird-partyGHS 590 lapsed 9 days agoLapsed

A "book" is the set of live policies. Today, roughly one in two of these renews on time.

2 · The automated renewal journey

Instead of hoping the customer remembers, Portfolio Manager runs a scheduled engagement journey and Subscription Manager collects the premium in the same thread. Watch it run for Yaa Danso (MOT-1120) — the critical policy.

WhatsApp SMS USSD

The journey meets the policyholder on the channel they use. WhatsApp shown here; SMS and USSD carry the same steps for feature phones.

Idle — press Run renewal journey to play the T-30 → T-7 → offer → MoMo → renewed sequence.

  1. 1 T-30 reminder
  2. 2 T-7 nudge
  3. 3 Renewal offer
  4. 4 MoMo premium
  5. 5 Renewed
Serene Insurance · WhatsApp Business
The renewal conversation will appear here.

4 · Lapse win-back

A policy that already lapsed is not lost. A targeted win-back journey re-opens the conversation and offers one-tap reinstatement. Here: Efua Sarpong (MOT-0602), lapsed 9 days ago.

MOT-0602 · Efua Sarpong Third-party GHS 590 Lapsed

Sends a reinstatement offer over WhatsApp / SMS with MoMo one-tap.

5 · At-risk segments & the next automated action

Every policy is segmented by lapse risk, and each segment has a next action that fires automatically — no one has to remember to chase.

SegmentPoliciesNext automated actionChannelTiming
On trackMOT-1042T-30 renewal reminderWhatsAppScheduled
At riskMOT-0987, MOT-0771T-7 nudge + MoMo offerWhatsApp / SMSQueued
CriticalMOT-1120Same-day offer, one-tap payWhatsApp / USSDNow
LapsedMOT-0602Win-back + reinstatementSMS / WhatsAppDay 3, 9, 21
Retention is the cheapest growth Serene has — keeping a policyholder costs a fraction of finding a new one. Portfolio Manager (engagement journeys) and Subscription Manager (payment orchestration) work together to automate revenue retention: engage on the right channel, collect the premium in-thread, reinstate the lapsed. This is Veneka's game-changer layer sitting on top of Serene's existing policy admin — nothing to rip out, retention added on top.