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Chuks Udo Okonta
Bus54, the leading online bus booking platform in Nigeria, has announced a new partnership with Cornerstone Insurance Plc, a leading insurance company in Nigeria. Under the terms of the agreement, passengers booking on the Bus54 platform will be covered by travel insurance from Cornerstone Insurance.
This partnership aims to provide a seamless travel experience for passengers by providing them with the assurance and protection they need during their journey. Passengers will now have access to travel insurance as part of their booking process on Bus54, giving them peace of mind when embarking on their journey.
The travel insurance product covers accidental medical treatment, theft of registered personal effects and transportation of mortal remains in the event of a fatal accident during the trip. There is also an additional life insurance payment to the passenger’s family.
“We are delighted to partner with Cornerstone Insurance to provide our passengers with travel insurance coverage,” said Ezra Anajonu, co-founder/CEO of Bus54.
“This partnership reflects our commitment to improving the travel experience of our passengers by providing them with innovative solutions that guarantee their safety and comfort.”
Speaking on the partnership, Stephen Alangbo, Chief Technical Officer of Cornerstone Insurance Plc, said: “We are delighted to partner with Bus54 to offer travel insurance cover to passengers on their platform. We believe this partnership will enable us to expand our services to more Nigerians and support the growth of the transport industry in the country.
This partnership is an important step towards creating a safer and more convenient travel experience for Nigerians. Bus54 and Cornerstone Insurance Plc are committed to ensuring that passengers have access to innovative solutions that provide them with the insurance and protection they need during their journey.
For more information please contact Bus54 or Cornerstone Insurance Plc.
Email: [email protected]
Cornerstone Insurance Plc
Email: [email protected]
Bus54 is a mobility technology company providing a platform to aggregate intercity bus transport in Africa, allowing passengers to search, compare, book and manage their journeys online. The platform allows transport operators to manage their end-to-end operations from a secure portal without the need for additional investment in software or hardware, and an additional channel to sell their tickets.
About Cornerstone Insurance Plc
Cornerstone Insurance Plc. was incorporated on July 26, 1991 as a Limited Liability Company and became a Limited Liability Company, listed on the Nigerian Stock Exchange in 1997. Our organization was established to conduct insurance business in a professional, ethical and customer-focused and has remained committed to these values over the years.
The company is licensed and recertified by the National Insurance Commission (NAICOM) to carry on both general and life insurance business and the categories of insurance business we currently undertake include the following: motor vehicles, Aviation, Marine, All Risk Engineering, Asset Protection, Liability, Oil & Gas, Group Life, Borrower, Mortgage Protection, Term Insurance, Wealth Creation Products and Takaful (Islamic Insurance).
The company’s authorized share capital and market capitalization are ₦9.25 billion and ₦5 billion respectively, while shareholders’ funds are ₦14.8 billion as of December 2021. The total assets of the company exceeds ₦40.4 billion.
At Cornerstone, we remain committed to both our core values of integrity, empathy, professionalism, innovation and teamwork and our ongoing mission to deliver value beyond expectations through products adapted to the needs and a quality service.
Cornerstone Insurance Plc. Is the first insurance company in Nigeria to provide its customers with an online platform for insurance transactions.
No wonder Cornerstone Insurance Plc. was awarded as the “Best Use of Technology, Insurance Company, 2016, Nigerian Technology Awards”.
Our services are technology-driven by state-of-the-art insurance applications. These services are easily accessible via the Internet and/or mobile technology.