Old Mutual General Insurance Company Nigeria has teamed up with Newhomes.ng to offer innovative digital insurance products to property owners and homeowners in the country.

Leveraging the Newhomes.ng platform, the insurer will offer a comprehensive home insurance package to existing and prospective property owners.

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The digital insurance offering will provide the coverage against building fire and peril, household goods and personal belongings, burglary and fire insurance.

It will also offer alternative accommodation cost in case of home loss, as well as personal accident cover and personal liability cover.

Old Mutual executive head of marketing and customer experience Alero Ladipo said: “This partnership signals our strong commitment to Nigeria and her growing industries such as the real estate market.

“As Nigerians invest their hard-earned money in bridging the huge supply gap in the provision of housing for the citizens, it is imperative to recognise the risks that threaten these investments and put a financial protection plan in place. This is where Old Mutual comes in.

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“We have taken it upon ourselves, as insurers with over 170 years of experience, to enter into this exclusive partnership with Newhomes.ng to provide innovative technology-led solutions aimed at delivering the right insurance services for homeowners in Nigeria and at the same time bridging the gap of access to basic financial insurance.”

Old Mutual General Insurance Company Nigeria operates as a subsidiary of Pan-African Insurance Company and financial services group Old Mutual.