Treepz, the biggest car-sharing marketplace in Africa, has teamed up with Octamile, an African insurance tech company, to create Treepz Care.
The new insurance plan will give Treepz’s active community of guests and hosts complete security and peace of mind.
Read also: Treepz appoints four new board members
Why this is important
Insurance is a vital part of the car rental business, and travelers’ choices are significantly affected. A study by the Insurance Information Institute found that 62% of people renting a car from a service thought about their insurance policy.
Octamile is a company that has become a leader in the digital insurance business over the years. We are excited to work with them to bring Treepz Care, an insurance program for guests and hosts who use their marketplace.
About Treepz Care
Treepz Care includes a range of protection services for both guests and hosts, such as
Protection for guests: coverage for events that cause death, injuries, or disabilities. Some perks are death benefits, coverage for permanent disability, and medical costs.
Host Protection: Accident insurance for drivers that covers all kinds of events, such as deaths, injuries, and disabilities. Death benefits, permanent disability coverage, and hospital costs are all benefits.
Comprehensive Insurance: Coverage for own vehicle damage, third-party liability, and theft. Some benefits are that the item can be fixed or replaced if it gets broken or stolen, and the item can be fixed or replaced if it gets stolen.
Third-Party Insurance for Car Owners: Coverage for events involving third parties, including death, injuries, and disabilities. Benefits include paying for the funeral and hospital bills, as well as getting paid for the loss of personal items.
How It Works
Treepz has integrated guest protection coverage into the booking process to simplify visitor insurance adoption.
During onboarding, hosts can opt-in for host protection, third-party car insurance, and comprehensive vehicle insurance through their host account in the app or by emailing business@treepz.com for customized onboarding.
Tourism is important in Nigeria, Ghana, Uganda, and Kenya. Car rental services help travelers confidently explore these different regions. With complete insurance, Treepz Care strives to improve this experience for travelers and hosts.
Treepz, the only African car-sharing marketplace with incorporated insurance for car rentals, is devoted to becoming the largest. Treepz Care’s purpose emphasizes safety and customer pleasure.
Treepz CEO Onyeka Akumah was excited about the relationship, emphasizing travel and mobility safety. Octamile CEO Gbenro Dara reiterated these thoughts, emphasizing their shared goal of Treepz user safety and comfort of mind.
This alliance advances the travel and mobility business by meeting African consumers’ changing needs. Treepz Care reflects Octamile and Treepz’s passion for insurance innovation and client service.