The AI-powered solution, developed by three tech entrepreneurs, aims to ease access to insurance policies. 

Haba is an insurtech solution developed by a Nigerian startup. It enables users to access various insurance policies from its mobile application. Last week, the Lagos-based startup behind it raised $75,000 to improve its technology and accelerate growth. 

"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,"  the startup explains. 

The solution features a mobile app that can be downloaded on PlayStore and AppStore. Through the app, users can register to access its various services, namely car insurance, health insurance, and gadget insurance.

It is worth noting that with Haba, users can insure even their smartphones, tablets, and computers.  

Subscribing to an insurance policy is managed by an AI-powered conversational agent. To select a policy, a user needs to log in, click on the + icon, and select the type of insurance needed. This will launch the conversational agent, which will collect all the information needed for an estimate. After this step, the user can buy the policy – if he/she approves the terms– by filling out payment information. 

The conversational agent also takes care of claims. All the user has to do is press the dedicated button and initiate a discussion with the agent about a complaint. The user chooses how he/he prefers his claim to be settled: cash payment or by taking the damaged car or gadget to the insurtech service center.

Since its launch, the Android version of its application has been downloaded just over fifty times, according to Play Store data.

Adoni Conrad Quenum