Standard Alliance Insurance Plc has introduced a scratch card device aimed at tackling fake motor insurances and also to drive the sales of its motor third party product.
According to the companyâ€s Managing Director, Mr. Tom Imokhai, â€œwe face a lot of challenges with respect to the sales of the third party motor insurance policy. Most vehicle owners do not have the time to visit the insurance offices to purchase the policies themselves and are often too busy to attend to all the paper work required. Not ready to face a process they see as cumbersome, they often resort to procuring fake policies.
He explained that â€œas a pacesetting insurance company with a commitment to use technology to drive excellence in service delivery, we, therefore, felt we owed the public a duty to introduce a process which simplifies customersâ€™ patronage of the policy.
Imokhai, who disclosed that the cards were both for private and commercial vehicles, hinted that they were readily available for purchase at branch offices and through the appointed sales agents nationwide.
He explained that the cards have been approved use by the National Insurance Commission (NAICOM) and are â€œtechnically coded with the necessary security pins in addition to other information which further guide the buyer on the next very simple thing to do right in the comfort of his office, home or wherever such he finds himself upon purchase.â€
He further explained that each card comes with its certificate which bears the same security code on the card, therefore, making it easy for the appropriate Police authority or licensing officers to identify the fake and the original insurance certificates.
Mr. Imokhai noted that â€œwhere the Police authority or officers at the licensing offices may want to be sure of the status of the certificates, the system provides a care line where they could send a verification request via SMS to and get instant response.