Old Mutual launches digital platform to deepen insurance access

Old Mutual Nigeria, local subsidiary of pan-African insurance firm and leading financial services provider, has launched a bespoke online platform for brokers, a critical stakeholder groups in the onboarding of insurance customers.

The innovative digital platform, which will ensure online service delivery to the insurance broker is seamless and convenient, thereby engendering a rich engagement experience for their customers, is in line with the company’s commitment to enable and provide Nigerians with easy access to insurance products.

The platform also serves the end-to-end purpose of allowing brokers to request and review quotes, achieve transactions for the received quotes, and generate the policy certificate as well as initiate claims and monitor claims payments in a few clicks.

Through the platform, brokers can market Old Mutual’s Life Insurance policies, such as Group Life and Credit Life policies, and other General Insurance policies such as motor, fire, burglary & marine insurance policies.

In addition, brokers can lodge claims for all products under Life and General Insurance policies with the required documentation to allow for a seamless, end-to-end interaction on the platform.

However, for making  payments, brokers who have independently registered on the platform can leverage the robust payment solutions provided by Paystack, one of the globally acclaimed payment merchants in Africa.

Olalekan Oyinlade, managing director, Old Mutual Nigeria, said the platform is targeted at increasing the accessibility of its insurance solutions to help Nigerians achieve a better and more fulfilling future.

Oyinlade said the company is proud to introduce this customized platform built specifically for its all-important brokers to encourage and enable easy access of their range of insurance products for the various customers who require the insurance solutions for a better financially rewarding lifestyle.

“The platform has a dynamic and robust feature that allows an independently registered broker to perform an end-to-end transaction, issue a policy certificate, as well as initiate and execute a claims payment process on behalf of their customers,” he said.

Olusegun Omosehin, managing director, Old Mutual Life Assurance Limited, said the company believes the platform is timely as there is a need to deepen and expand insurance penetration further to allow more Nigerians access to insurance policies across every facet of their lives.

“It also reinforces our promise as Old Mutual of being a certain friend in certain times,” Omosehin noted.