Vivo Energy, Britam Partner To Launch Insurance Promotion

Vivo Energy MD Gilbert Assi and Britam Insurance CEO Allan Mafabi fueling a vehicle at Shell kabalagala after  as both companies launched  a partnership. Vivo Energy MD Gilbert Assi and Britam Insurance CEO Allan Mafabi fueling a vehicle at Shell kabalagala after as both companies launched a partnership.

Vivo Energy Uganda recently partnered with Britam Insurance to provide affordable motor insurance for all its customers.

Driven by the steady growth in convenience-seeking customers, Vivo Energy Uganda is refurbishing existing Shell service stations so that they not only include high-quality fuels and lubricants but also offer services including shops, quick service restaurants, pharmacies, ATMs, tyre centres and car wash facilities. Insurance services is the latest addition to our offer.

During the launch of the promotion at Shell Kabalagala, Gilbert Assi, Managing Director, Vivo Energy Uganda said that Vivo Energy has invested in convenience retailing to offer a wider range of services to both customers who fuel and service their vehicles at Shell service stations, as well as walk in customers.

“The partnership with Britam Insurance Uganda continues to reaffirm what we have always said and believed in – that convenience retail is an extension of our core business at Shell service stations.”

Britam is a leading diversified financial services group and is listed on the Nairobi Securities Exchange. The group has presence in seven Africa countries, including Uganda, Kenya, Tanzania, Rwanda, South Sudan, Mozambique and Malawi.

Speaking during the unveiling of the promotion, Britam Insurance Uganda’s Chief Executive Officer, Allan Mafabi said the promotion cemented the strong partnership Britam has had with Shell over the years and showcased the importance of partnerships, a part of innovation, one of the key pillars in the Britam Group strategy.

Britam offers a wide range of financial products and services which include: Asset Management, Life Assurance, Retirement Planning, General Insurance, Health Insurance, Banking and Property.

These financial solutions enable our customers to create and protect their wealth and lives every step of the way. Britam’s third party and comprehensive vehicle and travel insurance is available at over 50 Shell service stations countrywide.

“Partnerships are part of what has allowed Britam to become one of the leading insurers, not only in Uganda, but within the Eastern, Central and Southern African regions. Affiliations with brands like Vivo Energy and its Shell service station network are what have attracted international shareholders such as the IFC – World Bank who own a 10.3% stake in Britam, AfricInvest III-SPV, a consortium comprising of The German Investment and Development Corporation, The Netherlands Development Finance Company and PROPARCO – owning a 14.3% stake, and most recently, Swiss RE one of the top two re-insurers in the world.” He said.

Mr. Richard Mwebesa, Britam’s Business Development Manager, also noted that: “Not everyone can afford comprehensive cover for their cars but we all know the annoyance and cost of stolen side mirrors and broken windscreens. This product solves that problem and fills that. For a little additional premium, we cover windscreens, door mirrors, side mirrors and rear-view mirrors.

Britam will also cover damage to windscreens where the damage is sufficient to cause your vehicle fail a test under the Traffic Act and we shall also take on the additional costs of shoring and propping of the damaged parts. It will be available at the Shell service stations to all customers and is part of this promotion.”

From 10th August 2018 until the 31st of October 2018, Selected Shell service stations will be offering free fuel of up to five litres for customers who buy Britam Insurance at any of the 50 Shell service stations offering this service.

The Managing Director of Vivo Energy Uganda thanked the partners and staff who have made it possible to deliver convenient solutions to our mutual customers. Vivo Energy Uganda is proud of the new partnership with Britam Insurance.

Last modified onThursday, 16 August 2018 10:17

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