May 20, 2024

FINTECH MAGAZINE AFRICA

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Nigerian Insurtech Startup Haba Raises $75,000 Pre-Seed Funding to Refine The Insurance Landscape in Nigeria

2 min read


Haba, a Nigerian insurtech startup has successfully raised $75,000 in a pre-seed funding round to refine Nigeria’s insurance landscape.

The company announced that the pre-seed fund will be used to enhance its service capabilities, strengthen its technical team, and amplify its marketing efforts to reach a broader base of individual customers.

The startup wrote,

“With our resolute focus on customer satisfaction, innovative solutions for claims and repairs, and visionary investors, Haba InsurTech is positioned to redefine insurance accessibility, empower policyholders, and shape the future of the insurance sector in Nigeria. As the insurance landscape evolves, Haba InsurTech, stands as a beacon of innovation, ready to make insurance easier, more reliable, and ultimately more customer-centric”.

What sets Haba apart from its competitors is its unwavering commitment to putting customers first. The startup has established itself as an innovator by offering easy claims processing and when necessary, efficient repair services for vehicles.

Haba is powered by an AI-driven solution from Eklipse technologies that helps customers get insurance covers for cars, gadgets (phone and laptop), and health as well in the most seamless, socially engaging, and intelligent-driven model.

The comprehensive suite of services is designed for both individuals and businesses, with a user-friendly app at the forefront. This app simplifies the claims process and even provides options for repair services, ensuring vehicles are promptly returned to their prime condition.

On its health plan, the startup handpicked and recommended the cover plan that best fits customers’ needs. So what they get is a policy that does what it’s supposed to do, cover them for life’s unexpected returns. 

Haba also attaches customers to their choice of hospital closest to them from its list. These hospitals are assessed to make sure they meet the company’s quality and are fully equipped to standards.

On Haba’s gadget insurance plan, it provides the highest level of coverage for customers’ devices. The startup AI assistant detects customers’ mobile devices to quickly give them the right cover based on their device worth.

Haba remains committed to providing unwavering support to its customers with a sense of security so that they can live a confident life. The insurtech offers coverage that protects what matters most.

With its resolute focus on customer satisfaction, innovative solutions for claims and repairs, and visionary investors, Haba InsurTech is positioned to redefine insurance accessibility, empower policyholders, and shape the future of the insurance sector in Nigeria.

The company’s goal is to help users make informed decisions and feel confident in their choices.

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