AXA Mansard Unveils Digital, Flexible Health Insurance to Boost Access

Ebere Nwoji

AXA Mansard Health Limited said it has introduced a fully digital, flexible health insurance solution that allowed customers to pay in convenient monthly instalments—up to 10 months—instead of the traditional lump-sum annual payment.

The underwriting firm said the innovative offering was designed to remove longstanding barriers to health insurance, particularly affordability and accessibility, which have limited coverage for many Nigerians. 

With this move, AXA Mansard  said its target was  to make quality healthcare more attainable for students, artisans, young families, and working professionals across the country.

Commenting on the development, Chief Marketing Officer at AXA Mansard, Mrs Adebola Surakat  said, “Health insurance shouldn’t be a luxury—it should be a lifeline. With our extended solution, we’ve simplified the process. Nigerians can now access health coverage without the burden of one-time annual payments. It’s affordable, flexible, and completely digital,” she said.

Creditcorp Expands Inventory Finance to Informal Workers

Emmanuel Ugwu-Nwogo in Umuahia

In a bid to avail the informal sector operators of its services, the Nigerian Consumer Credit Corporation(CREDICORP) has entered into partnership with Sytiamo Technologies to provide affordable credit to 10,000 market women across Nigeria.

The beneficiaries would be spread across 224 markets selected in 28 states with  Ariaria International Market, Aba as the starting point.

At the inauguration of the initiative at Aba, the Managing Director of CREDICORP, Mr. Uzoma Nwagba said that it was aimed at expanding financial access to informal sector workers, especially women, who are major drivers of local economies.

“Supporting women with credit is not just a social good; it’s good business,” he said.

Represented by the Executive Director, Credit and Portfolio Management, Mrs Aisha Abdullahi, Nwagba stated that the affordable loans would boost the quality of life and financial inclusion.

He explained the preponderance or women beneficiaries, saying that “women are proven to be better custodians of credit, with higher repayment rates than men”.

“With 66.7% of our executive team and 50% of our management being women, this partnership aligns with our belief that empowering women leads to stronger, more sustainable communities,” he added.

The Managing Director of Sytiamo Technologies, Mr. Michael Ogbaa, explained the rationale for the partnership with CREDICORP, saying that it is the vehicle for delivering affordable credits to market women.

“Through the partnership, we are giving market women quick access to the capital they need to scale up their businesses and improve their livelihoods,” he said.