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Insurance benefits: Nigerian startup Haba facilitates tailor-made underwriting

13/12/2023
Categories: Companies

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The start-up Haba InsurTech is committed to redefining insurance accessibility, empowering policyholders, and shaping the future of the insurance sector in Nigeria. The service is constantly improving thanks to AI, to meet the specific needs of target markets.

HABA was set up by a trio of Nigerian entrepreneurs who wanted to facilitate tailor-made insurance services. Haba is an insurtech developed by a Nigerian startup, whose concept is to help users access various insurance policies. Based in Lagos, the startup was founded by Paul Showemimo, Constance Oshafi and Stephen Onwe. It recently raised $75,000 to improve its technology and accelerate growth in Nigeria.

The application is available on iOS and Android. After downloading, the user registers by creating login credentials and then can access the various insurtech services. It offers insurance for cars, health or even gadgets. With Haba, it is therefore possible to insure a smartphone, a tablet or a computer

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Insurance policy subscription is managed by a chatbot based on artificial intelligence. Once in the account, you must click on the + icon and then select the type of insurance. The discussion with the chatbot starts and he asks you for the information needed to make the estimate

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