Credit scheme to drive insurance penetration launched by Nigeria’s NucleusIS

NucleusIS, a Nigerian company, has introduced a new platform that lets people and companies acquire health insurance on credit.

NucleusIS, which was founded in 2019, has established a strong enterprise technology platform for health insurance companies and care providers, with seven clients on board thus far. This technology is also being used to sell health insurance through distribution APIs, and retail and telecom partnerships.

Its credit plan allows consumers to buy health insurance now and pay later, allowing them to obtain care while paying over a certain period of time. Its goal is to accelerate and deepen the uptake of health insurance throughout Africa, starting with Nigeria and Ghana.

“NucleusIS will continue to look for ways to use technology and financial initiatives to drive health insurance adoption across the continent,” said the head of communication Godwin Awuya.

“The platform is one of the many initiatives the company will be rolling out to make health insurance truly accessible and affordable to the average person.”