Gokada has entered into strategic partnership with Octamile with a goal of launching digital insurance covers across a range of insurance products.
The partnership which seeks to protect consumers, merchants and riders will focus on reducing the risks faced by users. This will be done by automating the insurance protection.
Through the partnership, Gokada’s access to digital insurance products will be enhanced with Octamile’s digital insurance infrastructure.
Gbenro Dara, Founder and CEO, Octamile said: “We have always said we want to make insurance work for all. Our partnership with Gokada is a testament to our commitment to making insurance accessible to protect the uninsured from financial loss.
We recognize Gokada as a leader in Nigeria’s last-mile delivery service, which provides an opportunity to deepen insurance penetration in Nigeria and make easy access to the protection insurance offers in their ecosystem.”
Speaking further, he emphasized that Octamile’s efforts to build Africa’s Digital Insurance Infrastructure across Claims Automation and Distribution with Octamile’s Embedded Insurance APIs will lead to robust growth for the insurance sector across Nigeria and Africa.
The partnership will enable access to Insurance products via Octamile’s Embedded Insurance APIs on Gokada’s platforms and support applying for instant claims through Gokada’s App. Insurance will be embedded into Gokada’s Rider/GPartners and GBusinesses onboarding process.
Also, Gokada’s claims processes for Goods-in-transit insurance (GIT) and rider insurance will be automated and on-demand virtual inspection solution for Riders/GPartners via the Octamile Inspection App, as well as provision of on-demand virtual inspection solutions to insurers in Octamile’s ecosystem via its Inspection App will be made available.
Oluwaseun Omotoso, Chief Operating Officer of Gokada, said the partnership is targeted at ensuring the safety of riders. “We consider the health and safety of our pilots a top priority, which is why they are thoroughly trained in addition to the improved health and Goods in transit Insurance covers from leading Insurers which Octamile provides us access seamlessly. Our goal is to have zero casualties among our pilots.”
