Suzuki by CFAO Partners ETAP to Enable Seamless Insurance for Nigerian Drivers

CFAO Motors, the sole distributor of Suzuki cars in Nigeria, has partnered with ETAP, an InsurTech company that creates solutions and incentives to improve the automotive experience across Africa, to enable seamless access to insurance with every new car purchased from the Suzuki network in Nigeria.

As part of the partnership, drivers will now be able to buy insurance in 90 seconds, complete claims in 3 minutes or less and get rewarded for good driving and avoiding accidents, powered by ETAP’s game-changing app. Suzuki by CFAO has embedded insurance into the buying process of each car, removing the need for any additional effort to get insured.

Suzuki is one of the top automobile companies in the world by sales volume and one of the fastest-growing automobile companies in Africa. Since its re-introduction to Nigeria in 2019, the brand has been committed to introducing cutting-edge technology and market-leading innovation to the automotive value chain.

This new partnership with ETAP is part of a broader initiative by Suzuki by CFAO to embed more technology solutions into the driving experience, from sales to after-sales, and improve the automotive value proposition for its drivers.

Leveraging ETAP’s “Shared Value Insurance” model, drivers will be able to earn Safe Driving Points that can be exchanged for shopping vouchers for the most in-demand retail outlets, fuel, cinema and concert tickets, and other exciting experiences.

There is also a leaderboard where drivers are gamified to maintain positive driving behaviour. Drivers can see how well they are doing compared to other good drivers across the country, based on their Safe Driving Points, and get bragging rights for topping the leaderboard of the safest drivers on the road for the week, month or all time.

As part of ETAP’s wider offering, drivers will also have flexible coverage options, including daily, weekly, monthly, quarterly and annual plans depending on their needs. ETAP will also onboard Suzuki repair workshops to the ETAP’s list of partner repair centres for claims repairs and other after sales services for ETAP users.

Commenting on the partnership, Mrs. Aissatou Diouf, General Manager of Suzuki by CFAO Nigeria, said “we are excited to partner with ETAP to drive the adoption of much-needed insurance for Nigerian drivers. As we expand our footprint across Africa, we want to make sure that drivers do not only enjoy driving our cars but that they also enjoy everything that surrounds that experience. Beyond insurance, we look forward to playing an active role in improving the automotive experience for our drivers.”

 

Ibraheem Babalola, CEO and Founder of ETAP, said: “This partnership speaks to the shared commitment between ETAP and Suzuki to unlocking better experiences for African drivers. We believe that owning and maintaining a car should be an enjoyable and rewarding experience, and we will continue to explore partnership opportunities and develop solutions to make this a reality for more drivers across the continent.”

 

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank Nigeria PMI: Marked Growth of New Orders Seen Again in July

Growth was maintained in the Nigerian private sector during...

NAICOM: 43 Insurance/Re Firms Scale Recapitalisation Hurdle, 8 Awaiting Final Verification

The National Insurance Commission, today announced the successful completion...

NLNG Unveils 11 Nominees for The Nigeria Prize for Creative Arts

The first-ever nominees for The Nigeria Prize for Creative...

CBN Lists Five Strategies to Drive Next Stage of Fintech Growth in Nigeria

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

NGX Chair: Exchange Adopting Fintech, Digital Solutions to Expand Market

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

Topics

Pension Industry Needs ICT to Reach 20m Contributors by 2019

The pension industry needs rapid deployment of information and...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Fidelity Bank ED, Kevin Ugwuoke, Takes Over as President of Risk Managers Association

L-R: Registrar/Chief Executive, Chartered Risk Management Institute of Nigeria...

Orange Unveils Entrepreneur Club for Start-ups in Africa, Middle East

Orange is launching the Entrepreneur Club, a new space...

Access to Safe Water Still a Challenge – WaterAid

  By Fabian Ekeruche WaterAid Nigeria, a non-governmental organisation, on Wednesday...

Beyond Digital: Why Nigerian Banks, Corporates Still Bet Big on Print Media Advertisements 

P + Measurement Services Nigeria’s leading independent media intelligence...

COVID-19: Ecobank Nigeria Supports States with Food Items

Ecobank Nigeria has donated food items to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. These palliatives are targeted at the most vulnerable members of the society who have been the hardest hit economically as a result of the current crises. Speaking in Lagos, Executive Director Commercial Banking, Ecobank Nigeria, Carol Oyedeji said this action would also go a long way in supporting members of the community who earn a daily wage and may not have the opportunity of working under the present environment. She noted that the donations are part of the bank’s Corporate Social Responsibility (CSR) and focused on providing support as best as possibleShe remarked that “as a bank we give strong priority to people’s welfare. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this. We are also offering concessions to our SME Lending customers at this time given the strain on their cashflows and creating ease for the general public to transact digitally while at home”. Ecobank Group has so far contributed over US$3 million to the fight against COVID-19 across its footprint in Africa in line with the Bank’s commitment to the Region. The Institution is supporting governments, the World Health Organisation (WHO) and partnering with private sector operators to alleviate the effect of the pandemic on citizens. These have been in the form of cash, healthcare equipment, donation of supplies, awareness campaigns while also using digital platform to provide funds to beneficiaries of various funds being distributed. The Bank is particularly mindful of the needs of its communities and remains committed to providing the appropriate support required.    

ADB Bags 2016 Organisation of the Year Award

The African Development Bank Group was named the African...
spot_img

Related Articles

Popular Categories

spot_imgspot_img