Guinea Insurance Plc, on Wednesday, said it had launched a self-service motor insurance e-portal that allowed customers to purchase motor insurance products in less than two minutes.

The Managing Director of the insurance company, Mr. Ademola Abidogun, announced this in a statement made available to newsmen in Lagos.

Abidogun said the motor insurance portal was launched to provide the insuring public with access to real-time purchases from anywhere and whenever they needed to.

He explained that the portal would give customers the freedom to buy authentic and reliable motor insurance policies without any geographical barrier.

“Our customers nationwide would be able to choose and make informed decisions to purchase motor insurance products that best suit their needs.

“By updating and improving upon the portal, we aim to provide policyholders with all the information and tools they need to self-serve at any time, creating a seamless experience and better meeting their needs,” he said.

The Group Lead, Information Communication Technology (ICT) of the firm, Mr. Damilare Bakare, stated that innovation was fundamental to any insurance company during the current era of fast-growing technology.

“The portal presents a platform for online real-time purchases by the insuring public, and it is integrated with Paystack Company – one of the best and leading payment gateways in Nigeria and Africa.

“The insurance agent module on the portal helps to streamline new business submissions and provide them with access to policy information in a self-service manner.

“Therefore, upon the verification of payment for the policy with the use of credit or debit cards, a motor certificate would be generated, downloaded, and e-mailed to the customer instantly,” he said.

According to him, the portal could be used by brokers and agents who are registered with the insurance company.

Bakare stated that the underwriter was determined to increase the usability and performance of the portal to further empower drivers and future-proof the brand in its strategic plan of providing exclusive access to a personalised online portal.

He said: “Customers would be able to revel in the good fortunes of low premium rates, convenient and time-saving process, great customer experiences, instant receipt of motor certificates.

“Also, payment integration that assures security and ease of payment, integration to NIID portal for verification of genuine motor insurance, and free tracking on comprehensive motor insurance.”