Transparency Scape Launches Nigeria’s First InsurTech App, InsurEase

Transparency Scape Launches Nigeria’s First InsurTech App, InsurEase

The Underwriter

Transparency Scape Insurance Brokers, a leading insurance brokerage firm in Nigeria, has officially introduced its innovative InsurTech application, InsurEase. The app, designed to simplify the process of purchasing insurance, offers customers accessible, affordable, and reliable insurance policies through a digital platform.

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InsurEase provides real-time policy quotes, seamless policy issuance, and digital claims processing, alongside offering need-based insurance recommendations. With partnerships from major Nigerian insurance companies such as Cornerstone Insurance, AXA, Leadway Assurance, NEM Insurance, and Custodian And Allied Insurance, the app delivers a wide range of insurance options including life, motor, travel, and device insurance.

During the launch, Oluseyi Ifaturoti, Managing Director and CEO of Transparency Scape, highlighted the app’s aim to make insurance more understandable and accessible by leveraging advanced technology. She emphasized the firm’s commitment to offering a convenient platform for customers to obtain affordable insurance.

The app, which will be available for download on both iOS and Android platforms, also integrates with payment gateways through a partnership with Budpay, ensuring easy transactions. It is backed by regulatory bodies such as the National Insurance Commission (NAICOM) and the Nigerian Insurers Association (NIA) to ensure compliance with industry standards.

Transparency Scape’s Chief Operating Officer, Olufela Olurin, noted the effort behind bringing the app to market and expressed pride in the team’s achievement. She emphasized that InsurEase not only simplifies the insurance process but also empowers customers to make informed decisions about their insurance needs.

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