Nigerian insurtech ETAP expands into Ghana with Hollard partnership
- ETAP raised $1.5 million pre-seed funding in 2022.
- ETAP has expanded into Ghana through a partnership with Hollard Insurance Ghana.
- The partnership allows Hollard to underwrite insurance while ETAP provides the tech platform.
ETAP's expansion into Ghana represents a strategic move that capitalizes on the country's better insurance market conditions. This partnership with Hollard could enhance ETAP's service offerings and market reach, potentially setting a precedent for future insurtech collaborations in the region. However, the competition with established players like Octamile and Redpear will be a significant challenge.
