Mobile Financial Solutions (MFS) Limited in partnership with Heritage Insurance have launched InsureMe, an online comprehensive private car insurance cover booking platform.
The platform allows customers to digitally get a quote and purchase an insurance cover via digital devices.
Speaking at a Nairobi hotel, Managing Director Mobile Financial Solutions (MFS) Limited Fred Chege noted that MFS had discovered some gaps around insurance, an issue which made the company come up with an innovation that would deliver insurance to customers directly onto their mobile applications to enable them access the cover from anywhere in the country.
He added that the pandemic and hard economic times made a lot of customers settle for only third party covers, prompting MFS to digitize the insurance premium financing to up to 10 months to enable customers choose a cover they are comfortable with.
“We started with private motors because within the insurance space, motors are the most complicated to digitize. We assure that the brand will try to cover customers within 10 minutes of application from wherever the customer is located,” said chege.
Heritage Insurance Managing Director Godfrey Kioi said that the partnership with MFS to launch the InsureMe platform allows customers to have an end to end digital experience from choosing the insurance, getting finance through the lipa pole pole platform, entering the documents digitally and also receiving the insurance certificates.
He further stated that the company also has plans of coming up with innovations in other areas.
“The future is here and we have started with motor insurance. After perfecting this platform, we will move to other areas like travel and home insurance and even educational policies,” he said.
Kioi encouraged the customers to pay for their insurance in time so as to enjoy the products and assured customers that the company would always provide services at all times.
By Oscar Oganga and Stacey Barasa