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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»MTN Teams Up with ETAP To Reward Nigerians for Good Driving
    MTN TEAMS UP WITH ETAP TO REWARD NIGERIANS FOR GOOD DRIVING

    MTN Teams Up with ETAP To Reward Nigerians for Good Driving

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    By Oluwasegun Olukotun on July 5, 2022 News

    Africa’s technology company, MTN Nigeria has teamed up with mobility technology company ETAP to reward Nigerian drivers for maintaining good driving behaviour. ETAP is driven by its mission to create solutions and incentives to improve the automotive experience across Africa.

    As part of the alliance, MTN will leverage ETAP’s game-changing app to enable its customers across Nigeria to earn Safe Driving Points that can be converted into vouchers for fuel, shopping vouchers for the most in-demand retail outlets, cinema and concert tickets, as well as vouchers for other exciting experiences. ETAP’s app uses advanced telematics to monitor driving behaviour such as speed, acceleration, braking, cornering and focus.

    On its part, ETAP will also sponsor data for MTN customers to access the app so that it would not consume data from their existing allowance and it would continue to work if they run out of data. 

     MTN is Nigeria’s largest mobile network operator, connecting over 68 million people across the country with each other and to the world. It is committed to using its vast coverage to enable improved experiences across the country. As part of this partnership with ETAP, MTN customers will also get a free 35-point car inspection at AutoFast locations in Total filling stations, making it easier to keep their vehicles in the best condition. ETAP also has a leaderboard where drivers are gamified to maintain good driving behaviour. Drivers can monitor the leaderboard in real-time to get actionable insights on their driving behaviour, access tips to improve their driving behaviour and get rewarded for driving better. In addition, drivers can also challenge each other on who the better driver is based on their leaderboard ranking. 

    ETAP Secures $1.5 Million Pre-Seed Funding to Drive Car Insurance Penetration in Africa

     ETAP’s business model is based on the concept of Shared Value Insurance, which focuses on incentivising people with rewards to reduce their insurance risk by adopting good behaviour. Along with the rewards, drivers can buy insurance in 90 seconds and complete claims in three minutes or less, with flexible coverage options including daily, weekly, monthly, quarterly and annual plans depending on their needs. ETAP also uses machine learning to build intelligent risk profiles that determine appropriate premiums for each driver, allowing them to achieve lower premiums by driving safely.

     Adia Sowho, Chief Marketing Officer of MTN Nigeria said, “We want to connect our customers to exciting products and services that enable the best experiences, and this partnership with ETAP aligns perfectly with this mission. We are excited to be working with this innovative company to inspire behaviour change on Nigerian roads and ultimately improve the day-to-day experience of millions of Nigerians.” 

     Ibraheem Babalola, CEO and founder of ETAP, said “beyond driving much-needed insurance penetration in Nigeria, we are committed to inspiring behaviour change on our roads. We strongly believe that our shared value insurance model combined with MTN’s vast reach has the potential to catalyse improved driving behaviour on Nigerian roads. We are thrilled to have partnered with arguably the biggest company in Nigeria and we are looking forward to working together to drive real change across the country.”

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    Oluwasegun Olukotun

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    1. Pingback: Suzuki By CFAO Partners With ETAP to Enable Seamless Insurance for Nigerian Drivers - Innovation Village | Technology, Product Reviews, Business

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