Staff Writer
Telecommunications giant TelOne has diversified its value added services portfolio following the launch of its aggregated insurance platform, INSURE-ME.
Anticipated to position the internet service provider as the country’s largest insurance virtual market place, the latest innovation was established in partnership with development house, Afrosoft, and 11 insurance partners.
Speaking at the platform’s launch in the capital, TelOne Chief Operating Officer Engineer Lawrence Nkala said the development would give customers an option to access various insurance products under one virtual roof.
“This new offering is anticipated to bring convenience to customers through offering various insurance products from a single aggregated digital touch point in the comfort of customer homes,” Eng Nkala said.
TelOne is a licensed authorized distributor for multiple agents of insurance-based products around the country under a distributorship arrangement with various insurance companies which include vehicle insurance, ZINARA licensing, health insurance, agriculture/crop insurance, goods in transit, property insurance, funeral assurance and life assurance.
Globally and regionally, the gradual shift of consumers to online retail was given a huge boost during the COVID-19 pandemic – as the bulk of non-essential commerce went digital.
Now TelOne joins the rest of the world in giving customers opportunities well beyond the established names of e-commerce.
“The platform has already on-boarded 8 short-tern insurers and three life/funeral players.
“The short term insures are Old Mutual Insurance, Zimnat Lion Insurance, Nicoz Diamond, Champions Insurance, Sanctuary Insurance, Credsure, FBC Insurance and new kid on the block, AFC Insurance.
“Fidelity Life Assurance, Old Mutual Life Assurance and Zimnat Life Assurance are the life and funeral players on the platform,” Eng Nkala said.
Through INSURE-ME, TelOne will provide insurance companies with a platform to sell various insurance as the business gets commission for distributing the insurance-based products.
In August, TelOne intensified its drive to diversify its value added services portfolio through launch of the TelOne Crop Monitoring Platform, a revolutionary product anticipated to provide remote farm management.
Also on offer, is a vehicle fleet management system, TelTrack.
Eng Nkala said the launch of INSURE-ME was aligned to TelOne’s technological diversification thrust which has seen the group expand its portfolio from fixed lines to other value added services.
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