Tag: insurance

A disruptive ride coming up for the insurance industry 

Legislating and legalising e-hailing 
This means an official nod for Uber and Grab….expected to be gazetted on 1 April, this also mean the need to have the motor insurance policy extended for passengers cover while on e-hailing. This brings some excitement for the GI industry for more premium to be collected from this extension (that’s what we all thought). ….that’s not going to happen….

Insurers do not cover Uber, GrabCar and the likes

Piam corporate communications representative Nur Fazliana Mohd Zuki said the private car insurance would be rendered useless if drivers engage in ride-sharing, which is deemed to be a commercial activity. “Therefore owners of such vehicles, drivers and passengers who use their private cars for commercial use will not be able to claim, under their insurance policy, in the event of an accident.






Hong Kong Insurance Industry, A Globalised Deal

It was an experience writing my thoughts while on the plane about to enter into the “jerebu” (aka haze) of Kuala Lumpur. I thought to myself, what did I achieve over the last couple of days running around in Victoria…