In a strategic move to improve access to affordable car insurance, Airtel Africa’s SmartCash Payment Service Bank has partnered with leading insurance provider Leadway Assurance. The partnership aims to offer motorists in Nigeria a simplified and flexible way to secure vehicle insurance directly via their mobile devices — helping to overcome barriers associated with traditional insurance products.
Through this collaboration, Nigerian motorists can now:
Purchase motor third-party insurance easily using the SmartCash platform Enjoy nationwide coverage without visiting a physical insurance office Pay premiums in small, manageable instalments
This innovative solution is designed to promote financial inclusion by bringing essential insurance services closer to underserved populations, particularly those in remote and rural areas.
“Our partnership with Leadway Assurance is another example of how SmartCash is committed to using technology to improve the lives of everyday Nigerians,” said a representative of Airtel SmartCash.
The service is accessible via USSD short codes and the SmartCash app, offering convenience and transparency for motorists who need valid coverage to comply with national regulations.
🌍 Broader Impact
The initiative aligns with Nigeria’s efforts to boost insurance penetration and ensure road users are protected against liability and risk. By leveraging mobile money platforms, SmartCash and Leadway are helping bridge the gap between formal insurance services and millions of motorists who remain uninsured.