Brolly, an innovative insurtech company operating in Ghana, is excited to announce a strategic partnership with Bolt, a leading ride-sharing platform globally.

The partnership gives Bolt drivers the freedom to get auto insurance coverage within the Bolt driver app on flexible payment (‘pay small-small’) basis. Drivers have the choice to pay daily or weekly for comprehensive coverage, a revolutionary departure from the upfront payment or no coverage market standard.

Brolly’s “pay small-small” auto insurance is pay-as-you-go coverage that is suited to the dynamics of the African market. In addition to payment flexibility, customers get round-the-clock support and claims assistance powered by generative AI. The second phase of the partnership will allow Bolt drivers to get vehicle repairs on a flexible payment basis as well.

Since entering the African market in the year 2016, Bolt has grown its customer base and as a ride-sharing platform, Bolt continuously seeks out valuable partnerships to improve the lives of its partner drivers. The partnership with Brolly ensures that Bolt drivers can get comprehensive auto insurance coverage without the financial pressure of upfront annual premium payments.

Insurance penetration in Sub-Saharan Africa has stagnated around 1% for decades, leaving millions vulnerable when disaster strikes. Brolly believes affordability is at the heart of the low coverage. By laying the rails to power flexible insurance payment, the Techstars-backed startup is confident of unlocking insurance growth in Africa.

Bernard Baah, CEO of Brolly, commenting on the partnership, said "Our focus at Brolly is to make insurance coverage more accessible by aligning premium payments with customers' income patterns. By joining forces with Bolt, we're able to extend our innovative solution to thousands of drivers, giving them the confidence to go about their business.”

The Country Manager for Bolt, David Nikoi, said, "Our drivers are at the core of our service, and we're constantly looking for ways to enhance their experience and provide added value. Collaborating with Brolly is a step forward in our commitment to supporting our drivers' well-being and financial stability.”

Brolly has piloted its pay-as-you-go auto insurance solution with over 2000 ride-sharing drivers before the partnership. They are ready to take on other African markets in addition to Ghana in the next few months. Brolly is underwritten by Allianz.