September 29, 2020 All Things Fintech in Africa

Zenith General Insurance Partners with MTN to Launch Mobile Insurance

 

Zenith General Insurance Company Limited known as Zenith Insurance has gone into a partnership with MTN to launch its first mobile insurance service in Nigeria. Customers can now buy Third Party Motor Insurance and Personal Accident Insurance on the go using the USSD code *5966#, on their mobile phones, whether or not they have access to the internet.

On March 18th, during the launch, the Chief Operating Officer, MTN Nigeria, Mazen Mroue, said:

“Financial Inclusion is imperative for economic development and access to insurance is a key component of this. MTN is glad to be the enabling platform for the delivery of digital insurance through mobile phones. We congratulate, Zenith General Insurance and Prudential Zenith Life Insurance for courageously blazing a trail.”

According a statement by the Chief Executive Officer, he highlighted on the need to make insurance very flexible and convenient, and why Zenith Insurance have embarked on launching a mobile insurance:

“We are bringing Insurance to the fingertips of the ordinary Nigerian who is looking for convenience in his day to day dealings, as well as speed in service delivery. The USSD platform is something that anyone, anywhere, as long as they have a mobile phone can have access to. You don’t even need to have a data plan.”

 

Read also: https://thefintechafrica.com/news/gtb-launches-beta-health-insurance/

Banner
Related Posts

Five Zambian Fintech startups have been selected for the first FinTech4U cohort

January 30, 2020

January 30, 2020

  Out of the 35 Fintech startup that submitted applications to the Fintech 4U cohort, only five Zambian fintech startups...

GTB Launches Beta Health Insurance

March 26, 2020

March 26, 2020 1

  For a fee of 500 Naira monthly, customers can subscribe to the GTB’ Beta Health Insurance. Guaranty Trust Bank...

Visafront Nigerian Property Investment Platform, Secures Funding Round

September 2, 2019

September 2, 2019 1

  Introduction: Recently, there is a funding trend among Fintech startups. From OPay, to GONA, funding is a new rave...

African Development Bank Raise 3BN USD Social Bond for Post-COVID-19

April 1, 2020

April 1, 2020

  The African Development Bank (ADB) has raised 3 billion dollars in a three years bond known as ‘Fight COVID-19,’...

Master Card Extends its Engage Programmme to Target Africa’s FinTech Community

May 2, 2019

May 2, 2019

Master Card has extended its engage programme to Sub-saharan Africa, with events lined up to be held in Nigeria and...

Top Leadership Skills Every Entrepreneur Need To Posses

May 29, 2019

May 29, 2019 2

Successful Leaders-you might have heard about them, read about them, and undoubtedly want to be like them. So what set...

GTBank will win the war within the digital payment space – Agbaje

March 1, 2020

March 1, 2020 1

Mr Segun Agbaje, Chief Executive Officer, Guaranty Trust Bank (GTBank) says the bank will continue focusing on caring about human...

How to start a Startup in Nigeria

April 11, 2019

April 11, 2019 4

How to Start a startup in Nigeria Have you ever thought about building a Startup in Nigeria?  Then you probably...

COVID 19: CBN Give Grant to Selected Pharmaceutical Firms

March 30, 2020

March 30, 2020

As intervention efforts to curb the spread of coronavirus, the Central Bank of Nigeria and the Bankers Committee have announced...

Carbon launches $100,000 pan-African fund for startups

February 19, 2020

February 19, 2020

Nigerian fintech startup, Carbon, has announced that it just launched a $100,000 pan-African fund for startups. The company revealed that...

Health Tech startup Lifebank Partners NIMR To Launch COVID-19 Drive Through Test Centre in Nigeria

April 1, 2020

April 1, 2020 5

Health Tech startup Lifebank Partners NIMR To Launch COVID-19 Drive Through Test Centre in Nigeria Healthcare technology and logistics company,...

ORide; Nigeria’s Bike hailing Service launched by OPay

June 6, 2019

June 6, 2019 1

ORide, a bike-hailing app launched under the hub of OPay intends to make going around Lagos easier. On the average...

How The Peer To Peer Economy is Boosting Entrepreneurship in Africa

October 30, 2019

October 30, 2019

 Blockchain technology and the role of entrepreneurship in driving Africa’s prosperity in the Fourth Industrial Revolution (4IR), were some of...

5 Facts About Keystone Bank Nigeria You Never Knew Before

May 1, 2019

May 1, 2019 1

5 Facts About Keystone Bank Nigeria You Never Knew Before On Friday 5 August 2011, something interesting happened – the...

Using Blockchain to Enable Faster Cross Border Remittance

May 10, 2019

May 10, 2019

Using Blockchain to Enable Faster Cross Border Remittance Blockchain derived its name from how it works and the way it...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.