Haba InsurTech, co-founded in 2022 by Constance Oshafi, Stephen Onwe, and Paul Showemimo, is making strides in Nigeria’s InsurTech sector.
The startup recently celebrated raising $75k in a pre-seed funding round, with Upscale Management Services being one of the notable investors.
Born from a vision to revolutionise and simplify insurance in Nigeria, Haba InsurTech identified the challenges and complexities in the existing system. The founders aimed to develop a platform that made insurance more accessible, user-friendly, and cost-effective for the Nigerian populace.
The funding will be pivotal for Haba InsurTech’s expansion. It intends to use these funds to enhance service capabilities, fortify its technical team, and bolster its marketing strategies to cater to a wider individual customer base.
What makes Haba InsurTech stand out in the market is its customer-first approach. The firm has established itself as an innovator by offering easy claims processing and, when necessary, efficient repair services for vehicles. Their comprehensive suite of services is designed for both individuals and businesses, with a user-friendly app at the forefront. This app simplifies the claims process and even provides options for repair services, ensuring vehicles are promptly returned to their prime condition.
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