InsurEase – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Tue, 01 Jul 2025 17:35:13 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png InsurEase – Tech | Business | Economy https://techeconomy.ng 32 32 Transparency Scape InsurEase, Nigeria’s First Innovative InsurTech Platform Now Live https://techeconomy.ng/transparency-scape-launches-insurease/ https://techeconomy.ng/transparency-scape-launches-insurease/#respond Tue, 01 Jul 2025 17:35:13 +0000 https://techeconomy.ng/?p=162154 Transparency Scape Insurance Brokers Limited, a leading insurance brokerage firm in Nigeria, has launched its highly anticipated InsurTech solution, InsurEase. 

Following a successful rollout to key industry stakeholders, the mobile application is now available for download on the Google Play Store and Apple App Store for both Android and iOS users.

InsurEase allows customers to purchase a variety of insurance policies, health, device, motor, and travel directly from their smartphones. Designed with user convenience in mind, the app offers a seamless, user-friendly experience, enabling users to explore, compare, and secure coverage in just a few taps.

Transparency Scape aims to empower customers with access to affordable, reliable, and convenient insurance policies while giving them the flexibility to choose from a wide range of offerings from top-tier insurance providers. 

These partners include AXA Mansard Insurance Plc., NEM Insurance Plc., Leadway Assurance Company Limited, Coronation Insurance Plc., Cornerstone Insurance Plc., Consolidated Hallmark Insurance Plc, Bastion HMO, and Tangerine Africa. The app is also integrated with trusted payment gateways Paystack and Budpay to ensure smooth and secure transactions.

“We are thrilled to officially go live,” said Oluseyi Ifaturoti, managing director and CEO of Transparency Scape. “Reaching this milestone has been a journey of perseverance, and we are excited to offer our customers peace of mind through a smart, easy-to-use app. Our goal is to be a trusted partner as they navigate the often complex world of insurance.”

Transparency Scape has also partnered with key regulatory bodies, including the National Insurance Commission, NAICOM, Nigerian Insurers Association (NIA), Chartered Insurance Institute of Nigeria, CIIN, The Nigerian Council of Registered Insurance Brokers, NCRIB, to ensure full compliance and uphold the highest industry standards.

“We extend our sincere gratitude to our regulators for fostering innovation within Nigeria’s insurance space,” Ifaturoti added. “We are also grateful to our insurance partners for their trust and for allowing us to integrate their APIs. This has been instrumental to our success.”

Speaking further on the impact of the launch, Olufela Olurin, chief operating officer of Transparency Scape Insurance Brokers Limited, said,

“InsurEase reflects our core values of transparency and trust. By breaking down the barriers to insurance accessibility, we have made it easier for Nigerians to secure the protection they need. Our app simplifies the entire insurance journey, giving users greater peace of mind and security for their future.”

InsurEase is now available for download on the Google Play Store and Apple App Store. For more information about the company, visit the website or follow us on Instagram, Twitter, Facebook, and LinkedIn.

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Transparency Scape Officially Introduces Brokerage Firm, Unveils Innovative InsurTech in Nigeria https://techeconomy.ng/transparency-scape-officially-introduces-brokerage-firm-unveils-innovative-insurtech-in-nigeria/ https://techeconomy.ng/transparency-scape-officially-introduces-brokerage-firm-unveils-innovative-insurtech-in-nigeria/#respond Sun, 20 Oct 2024 23:10:33 +0000 https://techeconomy.ng/?p=145902 Transparency Scape Insurance Brokers, a leading insurance brokerage firm in Nigeria has officially introduced its organisation to key stakeholders.

Similarly, the company launched its flagship innovative InsurTech App in Nigeria, InsurEase, to provide customers with accessible, affordable and reliable insurance policies at their convenience.

The company is on mission to make insurance easier to understand and purchase, hence, simplifying the insurance process for the customers by leveraging cutting-edge technology. InsurEase powered by Transcape Brokers provides, real-time policy quotes and comparisons, seamless policy issuance and management, need based insurance recommendations and digital claims processing.

Transparency Scape has partnered with leading insurance companies, including Cornerstone Insurance Plc., AXA, NEM Insurance Plc., Leadway Assurance Company Limited, Custodian And Allied Insurance Limited and Bastion, to seamlessly provide various forms of insurance policies such as, Life Insurance, Comprehensive Motor Insurance, Third Party Motor Insurance, Travel Insurance, Device Insurance and many more at transparent pricing.

The organisation also partnered with the regulatory bodies, National Insurance Commission (NAICOM), Nigerian Insurers Association (NIA) to ensure compliance with industry standards. Another partner is Budpay, a global payment infrastructure company, to integrate payment gateways on the app for easy purchase of insurance.

“This is a proud moment for us at Transparency Scape Insurance Brokers, as we successfully launch InsurEase, our innovative insurtech app in the Nigerian insurance market,” said MD and CEO, Transparency Scape Insurance Brokers, Oluseyi Ifaturoti. “Our commitment to providing peace of mind and confidence to our clients has driven us to establish ourselves as a trusted partner for reliable and effective risk management solutions. InsurEase is a proof to our dedication, offering a convenient and accessible platform for clients to purchase affordable and reliable insurance.”

“We sincerely thank our partners and regulatory bodies for their invaluable support in helping us achieve this significant milestone. We also encourage other insurance companies to join forces with us at Transcape. By partnering with us, these companies can contribute to expanding our product offerings, providing customers with greater choice and flexibility,” She said.

InsurEase App by Transparency Scape Insurance Brokers
L:r: President, Chartered Insurance Institute of Nigeria, Yetunde Ilori; MD/CEO, Transcape Brokers, Oluseyi Ifaturoti; Project Management Consultant/Non-Executive Director, Transcape Brokers, Prince Ayodele Ifaturoti, at the launch of the InsurEase App powered by Transparency Scape Insurance Brokers recently held in Lagos.

Olufela Olurin, the chief operating officer, Transcape Insurance Brokers, expressed her excitement on achieving this feat in the organisation.

“This is an accomplishment that seemed impossible at the initial stage of developing the app. I am incredibly proud of the team’s hard work in ensuring this day becomes a reality despite all odds. A special thank you to Stringify, partner for their support and dedication. We have been able to deliver a cutting-edge Insurtech App that leverages technology to transform the insurance experience in Nigeria. By simplifying the process, we are assured of empowering individuals and businesses to make informed decisions about their insurance needs.

InsurEase is not just a great idea, it is also a viable business project. Although the App is free for our customers with no hidden charges, we have however, implemented a sustainable revenue model. Additionally, we are exploring more partnerships to offer wide range of services to further strengthening our business model.

This approach benefits both our customers and our company, ensuring the long-term viability of InsurEase,” she said.

The App will be available for download on Play store and Apple store for both android and IOS users.

The InsurEase platform will be accessible via, Transparency Scape Insurance Brokers Website and Mobile app stores (iOS and Android). Release date will be communicated.

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