Users of SmartCash Payment Service Bank (PSB), the mobile money subsidiary of Airtel Nigeria, can now access motor insurance service with ease on the platform.
This has been made possible by the partnership between SmartCash PSB and a leading underwriting organisation, Leadway Assurance.
The mobile-friendly instant motor insurance policy can be purchased by SmartCash customers through the mobile app without hassles.
Starting from N15,000, this new offering provides a convenient and affordable way for motorists to stay protected and compliant with national insurance requirements.
With this collaboration, new and existing SmartCash customers can now acquire or renew two types of Leadway Assurance motor insurance: the third-party insurance and autobase comprehensive insurance, directly on the SmartCash app or by dialling *939#.
While the third-party motor insurance plan offers the legally required minimum cover, protecting motorists from liability for damages or injuries caused to others, the autobase comprehensive insurance plan extends that protection to cover the user’s own vehicle in the event of accidents.
The insurance integrated service is also fully inclusive, as it works across all types of mobile phones. Users without smartphones or internet access can access the same features via USSD, ensuring nationwide reach, especially in rural and underserved areas.
This partnership reinforces SmartCash’s commitment to delivering digital-first financial services that meet the real-world needs of Nigerians.
By simplifying access to essential products like motor insurance, SmartCash continues to empower users with tools that protect, support, and uplift their daily lives.
The chief executive of SmartCash, Mr Tunde Kuponiyi, said users can complete the entire purchase process in three minutes, from plan selection to payment with no physical paperwork or documentation required.
He added that will customers receive instant confirmation and their digital policy documents via email, making insurance more accessible than ever.
“At SmartCash, our goal has always been to bring inclusive financial solutions closer to everyday Nigerians. By partnering with Leadway Assurance, we’re making it easier for motorists to insure their vehicles without stress or delays. It’s insurance that moves at your speed,” Mr Kuponiyi stated.
The Director of Sales, Retail and Partnership at Leadway Assurance, Mrs Kike Fischer, in her remarks, said, “At Leadway, innovation and exceptional service are at the core of our mission to deepen insurance penetration and inclusion.
“This collaboration with SmartCash enables us to deliver real-time protection to more Nigerians via a trusted, everyday platform. It marks a bold step in transforming how insurance is accessed and experienced across the country.”