Gokada Partners Octamile to Launch Digital Insurance Cover to Protect Consumers, Merchants & Riders

Gokada has entered into a partnership with insurtech startup, Octamile to launch digital insurance covers across a range of insurance products from trusted underwriters powered by Octamile’s  Digital Insurance Management Solution to protect Consumers, Merchants & Riders.

Gokada is one of the leading last-mile delivery services in Nigeria and this has its attendant risks especially to the startup’s riders, merchants and end consumers. 

The partnership will mitigate these risks by automating the protection insurance provides underwritten by top insurers across Nigeria. It will enable Gokada to optimise access to digital insurance products with Octamile’s digital insurance infrastructure.

Speaking at the launch event, Octamile’s Founder and CEO, Gbenro Dara, said, “We have always said we want to make insurance work for all. Our partnership with Gokada is a testament to our commitment to making insurance accessible to protect the uninsured from financial loss.

“We recognise Gokada as a leader in Nigeria’s last-mile delivery service, which  provides an opportunity to deepen insurance penetration in Nigeria and make easy access to the protection insurance offers in their ecosystem.”

He continued, “I believe that the work Octamile is doing to build Africa’s Digital Insurance Infrastructure across Claims Automation and Distribution with Octamile’s Embedded Insurance APIs will lead to robust growth for the insurance sector across Nigeria and Africa.”

Some of the areas the partnership will cover are as follows:

• Enable access to Insurance products via Octamile’s Embedded Insurance APIs on Gokada’s platforms and support applying for instant claims through Gokada’s App.
• Embed insurance into Gokada’s Rider/GPartners and GBusinesses onboarding process.
• Automate Gokada’s claims processes for Goods-in-transit insurance (GIT) and rider insurance
• Provide on-demand virtual inspection solution for Riders/GPartners via the Octamile Inspection App
• Partner with Octamile to provide on-demand virtual inspection solutions to insurers in Octamile’s ecosystem via our Inspection App

Commenting on the partnership, Oluwaseun Omotoso, Chief Operating Officer of Gokada said, “Gokada’s strategic collaboration with Nigeria’s digital Insurance firm, Octamile, is targeted at ensuring the safety of our Pilots who ride around the streets to bring comfort to the lives of Lagosians.

“We consider the health and safety of our pilots a top priority, which is why they are thoroughly trained in addition to the improved health and Goods in transit Insurance covers from leading Insurers which Octamile provides us access seamlessly. Our goal is to have zero casualties among our pilots. We are excited about the lasting impact this partnership will have on consumers, merchants, and last-mile delivery riders in Gokada’s ecosystem.”