TUNE Protect EMEIA (Tune Protect) UAE has entered right into a strategic partnership with Leadway Assurance Company Limited, together with Tune Protect Re, Malaysia, to cater for varied journey and way of life assurance merchandise through the digital business-to-business (B2B) channel in Nigeria.
Tune Protect EMEIA (Tune Protect) UAE is the main digital journey know-how facilitator within the Europe, Middle East India and Africa, whereas Leadway Assurance Company Limited is without doubt one of the main insurance coverage corporations in Nigeria.
Leadway is the primary B2B companion for Tune Protec Re and Tune Protect EMEIA inside the African continent that focuses on journey B2B with greater than 10 journey and way of life assurance propositions on provide.
By the strategic partnership, Tune Protect EMEIA will render the journey know-how options of White Label Ltd, Malaysia, the insurtech arm of Tune Protect Group based mostly in Malaysia to Leadway Assurance.
Arijit Munshi, Chief Executive Officer of Tune Protect EMEIA, stated, “We are delighted to announce our entry into the Nigerian market, marking a strategic transfer to increase our presence inside the broader African market.
“Our collaboration with Leadway, by means of Tune Protect Re and supported by White Label serves as a pivotal milestone, leveraging our profound experience in journey and know-how.
“We are assured in our potential to successfully cater to the evolving calls for for travellers, not solely in Nigeria but in addition throughout different African nations. Building upon our established observe document of success inside Europe, Middle East, India, we’re keen to copy this achievement inside Africa, commencing with our partnership with Leadway.
“The strategic partnership was formally launched in August 2023, marking the commencement of the travel and lifestyle products. These comprehensive propositions encompass a range of insurance solutions, 12 in total, including but not limited to Tune Protect Travel Assurance, Tune Protect Travel Lite Assurance, Tune Protect Air Charter Assurance, Tune Protect Travel Student Assurance, Tune Protect Travel, Tune Protect Travel Cancellation Assurance, Tune Protect Travel Adventure Assurance, Tune Protect Travel Electronic Assurance, Tune Protect Travel Shop Assurance, Tune Protect Pet Travel Assurance and several others,” Munshi stated.
Tunde Hassan-Odukale, Managing Director, Leadway Assurance Limited, whereas commenting on the partnership, acknowledged that Leadway is thrilled to embark on the modern partnership with Tune Protect EMEIA.
He stated, “As the foremost insurance coverage firm in Nigeria, we recognise the rising wants of in the present day’s vacationers and this collaboration will allow us to supply a complete suite of journey and way of life insurance coverage merchandise that seamlessly combine into the digital panorama, assembly the calls for of the fashionable traveller.
“This strategic alliance aligns flawlessly with our commitment to cultivate partnerships and leverage cutting-edge technology to provide the best and an all-inclusive insurance coverage to our numerous customers.”
He identified that Leadway is a outstanding insurer inside the insurance coverage panorama of Nigeria, boasting a considerable legacy of 5 a long time in operation and all through this era, the corporate has established itself as a drive to be reckoned with within the non-banking monetary providers panorama.
It has a diversified portfolio offering a complete array of insurance coverage providers encompassing each normal and life insurance coverage, pension administration, wills and trusts providers, funding choices and well being upkeep.
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