Zenith General Insurance Partners MTN On First Ever Mobile Insurance Service In Nigeria

Zenith General Insurance Company Limited (commonly known as Zenith Insurance)
has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria
to provide the first ever mobile insurance service in Nigeria.
Using the USSD code *5966#, customers can now buy Third Party Motor Insurance
and Personal Accident Insurance on the go, on their mobile phones, whether or not
they have access to the internet. It is the dawn of a new era in the Nigerian
insurance industry, and Zenith Insurance is at the forefront.
Speaking at the launch of the product at the Civic Centre, Victoria Island, Lagos on
Wednesday, March 18, 2020, 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 to Kehinde Borisade, Chief Executive Officer of Zenith Insurance, “There
are a lot of misconceptions around the concept of Insurance especially in developing
nations such as ours. We at Zenith Insurance are committed to dispelling those
notions of insurance being an abstract concept sold by weary old men in dusty
shoes, who are nowhere to be found, the minute you have a claim. 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.”
Presently, customers have the opportunity to purchase mandatory Third-Party Motor
Insurance- to cover against damages to other motorists and their vehicles and
Personal Accident Insurance- a policy that provides purchasers and their loved ones
with the assurance that should they suffer any injury that results in disablement or
death, they will be compensated financially for treatment, hospitalization, time out of
work or permanent disability. Within two minutes, anyone anywhere in Nigeria can
have an Insurance policy.
This novel development will revolutionise the way insurance works in Nigeria. Life
just got better, Insurance jus.t got better. Welcome to EasyLife!