Allianz Life Insurance Ghana Limited and telecommunication company MTN have launched a life insurance product, named “Allianz4Life”.
The product provides convenient life insurance solutions to customers of both brands.
The Brand Ambassador of the product, Mikki Osei Berko was also announced at the launch.
Allianz4life is a Life Insurance product which provides customers with cover for hospitalization, disability and death with as low as GHS 3.00 to a maximum premium of GHS 22.
The Chief Executive Officer of Allianz Life Insurance Gideon Ataraire, explained that the product is designed to create a convenient atmosphere for people who want to sign on to insurance policy without any challenges.
“Allianz life is excited about the Allianz4Life product and the partnership with MobileMoney Limited. We look forward to securing the lives of our customers through the MoMo platform; thus, providing speed and convenience in the delivery of life insurance solutions,” said, Ataraire.
In his address, the Chief Executive Officer of MTN MobileMoney Limited, Mr. Eli Hini commended Allianz Life for the bold initiative to digitalise their product and for choosing to partner MTN MobileMoney Limited. He noted that the MoMo API platform has been a great success for entrepreneurs who are taking advantage of the platform to grow their business.
“MTN’s Ambition 2025 is anchored on building the largest and most valuable platform business and the implementation of this strategy will be accelerated through selective partnerships and the leveraging of MTN’s brand which is the most trusted and valued in Africa,” he said.
The partnership between Allianz Life and MTN MobileMoney Limited signifies the continuation of a meaningful relationship and the prospects of many more innovative products which will delight customers of both brands.
The event was attended by representatives of the National Insurance Commission, the media as well as the leadership of both companies.
About Allianz Group
The Allianz Group is one of the world’s leading insurers and asset managers with more than 100 million retail and corporate customers in more than 70 countries.
Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 582 billion euros on behalf of its insurance customers.
About MobileMoney Limited
MobileMoney Ltd is a subsidiary of MTN Ghana responsible for Mobile Financial Services. Launched in 2009, MTN MoMo has 17 million registered subscribers. MTN MoMo works with 19 partner banks, All the PSPs and more than 240,000 Agents across the country. Between 2016 and 2020 a sum of GHS 322million cedis was paid as Interest to over 12 million customers. For further information, visit mtn.com.gh/momo/
