…200,000 Users to Benefit
By: Olivia Nnorom
P2vest Technology Limited has launched P2Vest InsuranceParasol, a first-of-its-kind online insurance marketplace, that will provide lasting solutions to both individuals and businesses enabling them to easily buy and make claims on insurance products ranging from motor and property insurance to health and life insurance on their mobile phones.
To increase the efficiency and the quality of life for individuals with the app, P2vest has signed service legal agreements (SLAs) with twelve Insurance companies, with four fully onboard and live on the mobile app.
With over 200,000 active users, the app was built to become a one-stop channel for insurance purchases, premium management and claims management through the P2vest app.
Samuel Abolusoro, COO of P2vest Technology noted that this is a huge breakthrough as the company believes financial inclusion can also be achieved in the Insurance Industry making it possible for users to easily buy and make claims from their insurance companies with their mobile device.
He stressed the company’s partnerships is a way to advance its commitments towards driving financial inclusion, as it enables the expansion of this digital offering and creates an avenue for Individuals to access quality insurance products from renowned names in the industry.
Austine Abolusoro, founder and CEO of P2Vest Technology, in a statement said the company has worked with the aim to bridge the financial inclusion gap, in its two years of operation, and has now taken the goal a step further by creating a quality insurance marketplace for users.
According to him, the insuranceParasol will bring convenience to individuals, providing fast-paced insurance solutions on their mobile phones.
“I am also glad to tell you that P2Vest is a pioneer of this kind of technology-driven insurance product in Nigeria. We have the license to operate and we are confident about what the future holds.’’Abolosoro said.
The launch is a first-of-its-kind innovation in the Nigerian startup ecosystem and P2vest is the first startup fully licensed by FCCPC and NAICOM to launch an insurance product.