ETAP ’s Post

Name: How ETAP helps women protect their assets | ETAP posted on the topic | LinkedIn
Uploaded: 2024-03-21T10:36:43.895Z
Duration: 2 min 34 s
Channel: ETAP

ETAP

2,623 followers

9mo

Today's women are seeking ease, speed, and flexibility in everything they do, and that includes protecting their assets. Women are taking control of their financial security, embracing insurance as a powerful tool and a safety net for their finances and future. Gone are the days of financial constraints, insurance delays and claims difficulties. ETAP makes getting auto insurance quick, easy and rewarding, integrating seamlessly into your lifestyle. Take charge, choose ETAP, and choose to be prepared. #insurance #carinsurance #iwd2024 #etap

Transcript

Ensuring more women. There was a 2015 report from the IFC, AXA Mansard and Accenture. It was Accenture. She for shield ensure women to better protect us root, came Olumo. She's the senior associate business operations and strategy at ETAP, which is an insurance company that is completely app based in the tech space. Joins us to discuss further. Good morning to you. Thank you so much for joining us. Happy International Women's Day. And see that there's this huge market that is untapped, especially for women in emerging economies and developing economies like ours in Nigeria are not left behind us. Well, in Nigeria almost half the population is women. So I feel like this is a, this is an opportunity for insurers to, you know, make tailored solutions dedicated to women such as, you know, health illnesses that are, you know, specific to women like ovarian cancer, that's ETAP. We see that. Women are more receptive to buying insurance when you present it to them as something that will that will improve their lifestyle. This this is a very significant opportunity for insurers to consider women as actual buyers and users of insurers. OK. But look as promising as those numbers, look insurance penetration in Nigeria is under 1%. I mean I think the numbers are 0.3. How do you boost this number? We believe technology will unlock the value of insurers. You know it's it's just a lot that could be done accessibility. Our technology trust. Yeah just making sure that people are aware that insurance will work for you and it's successful. It's not hard to get in Nigerians that ensure their vehicles is about 30%. Ohh, you guys at trying to raise this 30% number it might be up to four that have insurance papers yeah but maybe just two are valid. So there is a need to drive compliance. Partnering with the government, state governments to drive compliance within you know each of these states want to make it rewarding and enjoyable. We have a safe. Driving points where if you drive carefully on the road, you get points and it's just it's not there for sure. You can redeem them in various stores. We have like a dedicated fleet management solution that is free. You use it, you manage your fleets, Everything is seamless, it's easy and you're not losing money like you ordinarily would. Ethical insurance after claims have been made, after fees have been deducted, you get you get some of the money back and see about 60 to 70% of our users usually. What's donates those those funds?

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ETAP ’s Post

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