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Old Mutual partners with Airtel Money, NxtPe to ease life insurance premium payment

by Michael Kironde
in Business, News
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Old Mutual partners with Airtel Money, NxtPe to ease life insurance premium payment
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Old Mutual Life Assurance has officially partnered with NxtPe and Airtel Money to launch a new digital payment solution that transforms how customers pay their life insurance premiums.

The platform now allows customers to pay premiums instantly and securely via Airtel Money, with the added benefit of setting up standing orders directly from their Airtel Money wallets.

This innovation removes the complexity of traditional bank standing orders, ensuring convenience, control, and ease for users.

Speaking at the launch event held at Old Mutual’s head office, Joshua Akena, Head of Operations, hailed the partnership.

“With NxtPe and Airtel Money, we are placing convenience in the hands of our customers. Whether you’re at home or on the go, you can pay your life insurance premiums with just a few taps. More than that, the ability to set up automatic payments from your Airtel Money wallet gives customers peace of mind and full control,” Akena said.

Japhet Aritho, Managing Director of Airtel Mobile Commerce Uganda Limited (AMCUL) spoke to their wider mission to digitize Uganda’s economy but also expand financial inclusion.

“At Airtel Money, we believe in enabling every Ugandan to do more. This partnership with Old Mutual and NxtPe reflects our commitment to simplify everyday financial services while deepening insurance penetration in the country. It’s digital inclusion with real-life impact,”Aritho said.

 

Tags: Airtel MoneyAirtel Money walletAMCULdigital inclusiondigital payment solutionfinancial inclusioninsurance digitizationJaphet ArithoJoshua Akenalife insurance premiumsmobile paymentsNxtPeOld Mutual Life Assuranceseamless payments.standing ordersUganda fintech
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