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 just got better. Welcome to the
EazyLife!