In a significant move to expand insurance outreach and financial inclusion, Universal Insurance Plc has unveiled mobile application and a network platform to boost insurance penetration.
Speaking during the unveiling, the company’s Managing Director, Benedict Ujoatuonu, spoke on potential of technological advancements in driving insurance product sales, and catering to diverse needs while ensuring affordability.
Ujoatuonu emphasised the role of technology in fostering financial inclusion and insurance penetration.
He said, “As a digitally compliant entity, achieving true financial inclusion and broad insurance outreach necessitates making insurance accessible to all. Our goal is to ensure that insurance coverage reaches every corner of the nation at affordable rates.”