Despite Nigerian regulation making Car Insurance compulsory, less than 21% of Vehicles in Nigeria are insured today because it is very complicated to buy insurance and even more difficult to claim on the insurance which has led to public apathy for traditional insurance companies & products.
Customers have to choose between extremely inefficient insurance companies with rigid processes who are unwilling to provide respite in the event of an accident and No insurance cover.
The differences between the two current alternatives are not very much..
Insurance was broken, but we have fixed it.
ETAP makes buying and claiming on car insurance as easy as taking a picture, using lightning-fast technology to unlock better experiences and fairer prices for drivers by offering risk profile based instant cover, crash notification and emergency support, instant claims, introducing flexible automated daily, weekly, monthly, and quarterly payment plans and Safe Driving Rewards for drivers who drive safely.
ETAP is exactly what the name says it does. It makes Auto Insurance "easy as taking a picture" by making it simple, flexible and transparent. We’re creating truly flexible products that meet people’s real needs. Using lightning-fast technology to unlock better experiences and fairer prices for our customers, ETAP is building the future of insurance every day.
"ETAP is an important step in the future of Insurance in Africa." — IB