Nigeria’s first InsurTech platform unveiled

Business Operations/Communications Manager, Transcape Brokers, Mojisola Idowu (left); Chief Operations Officer, Transcape Brokers, Olufela Olurin; Project Management Consultant/Non-Executive Director, Transcape Brokers, Ayodele Ifaturoti, and Managing Director/Chief Executive Officer, Transcape Brokers, Oluseyi Ifaturoti, at the launch of the InsurEase App powered by Transparency Scape Insurance Brokers held in Lagos.

Transparency Scape Insurance Brokers Limited has unveiled its InsurTech platform, InsurEase.

The mobile application, which promises to revolutionise insurance accessibility, is now available on the Google Play Store and the Apple App Store, offering users a seamless, digital gateway to comprehensive insurance solutions.

Speaking at the official launch yesterday, Managing Director and CEO of Transparency Scape, Oluseyi Ifaturoti, emphasized the firm’s dedication to reshaping the insurance experience in Nigeria.

“Reaching this milestone has been a journey of perseverance. InsurEase simplifies the often complex world of insurance, offering users peace of mind with a smart, easy-to-use platform”, Ifaturoti said.

The app allows customers to purchase a variety of insurance policies, including health, device, motor and travel coverage, directly from their smartphones.

Designed with user convenience in mind, the platform provides a user-friendly interface for exploring, comparing and securing coverage in just a few taps.

In collaboration with top-tier insurance providers such as AXA Mansard, Leadway Assurance and NEM Insurance, Transparency Scape aims to offer affordable and flexible policies. Integrations with secure payment gateways Paystack and Budpay are expected to further ensure smooth and reliable transactions.

Highlighting the app’s compliance with industry regulations, Ifaturoti expressed gratitude to the National Insurance Commission (NAICOM), Nigerian Insurers Association (NIA) and other regulatory bodies for their support in fostering innovation.

Chief Operating Officer of Transparency Scape, Olufela Olurin, noted the platform’s potential to bridge the gap in insurance accessibility.

“InsurEase reflects our core values of transparency and trust. By breaking down barriers to insurance, we are empowering Nigerians to secure their futures with ease”, Olurin said.

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