Tag: uber

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….

Protected: Weekend Insurance Talk

There is no excerpt because this is a protected post.

Is your car insured against damages of the crowd in your UBER or GRAB adventure?

The couple, along with the Uber driver, were pulled out of the car before the suspects used rocks to break the car window. The injured female tourist was then taken to the Kuala Lumpur Hospital for treatment.

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.

Navigating Coverage for Uber

The world is becoming more connected in the digital age. Suddenly, almost everything is about sharing. Not only are ride- and home-sharing services wildly popular, but on-demand deliveries of meals and packages as well as sharing of tools, clothing and even bathroom facilities when a portable toilet is unappealing are becoming ever more available.