Mobile travel insurer launches
Go Safe was awarded the first ever Development Bank of Namibia Business innovation award in November 2014 by the then Minister of Finance, Hon. Saara Kuugongelwa-Amadhila. The start-up offers amongst others a product that assists Namibian citizens with a 24-hour travel cover through mobile SMS access.
Go Safe is employing six young Namibians as marketers, social media assistants, IT and finance assistants since launching its operations in July.
Go Safe’s employment number is expected to increase to 20 employees by December, Josephine Hamwaama, the mobile insurer’s spokesperson said.
Go Safe “Eenda Nawa’s”, meaning travel well, in Oshiwambo is travel insurance cover underwritten by Alexander Forbes Insurance Namibia, and includes medical and accidental costs up to N$14,000 for crash victims during the period of recovery and convalescence. Cover is provided for as little as N$20 per month.
“As the company rolls out its various travel insurance products and services, it gives affordable, accessible and reliable medical and accidental death cover to all Namibians irrespective of the geographic location or economic status, Hamwaama added.
The company aims to open further offices in the North, at the coast and in the South to serve a growing client base.
According to the mobile insurer, Go Safe’s SMS travel insurance users are mostly public transport commuters, low and middle income citizens who do not have fixed pay slips and bank accounts and thus can not qualify for the traditional standard insurance covers for any risks on national roads.
Go Safe “Eenda Nawa” through its parent Company Go Safe Africa Holdings hopes to also extend to neighbouring SADC countries such as South Africa, Zambia, Zimbabwe, Botswana, Angola, Malawi and also Kenya, Nigeria and Ghana in the next two years.
Hamwaama said that road accidents and fatalities are not only a Namibian problem but a high concern throughout Africa.