Edelweiss Basic Insurance coverage (EGI) has joined fingers with Okinawa Autotech Pvt Ltd, electrical two-wheeler producer, to supply e-bike insurance coverage to its clients. “EGI will leverage Okinawa’s huge dealership community (over 350 dealerships presently) throughout India, to supply clients easy, finish to finish, digital pushed options, aimed toward guaranteeing superior buyer expertise,” the corporate stated in a press release.
The purchasers of Okinawa throughout the nation can avail the e-bike insurance coverage merchandise by Edelweiss Basic Insurance coverage. Okinawa Autotech is the nation’s largest electrical two-wheeler producer with over 40% market share. The 2-wheeler electrical car coverage covers the car end-to-end, together with the battery, which is a significant element of any electrical car and takes up over 30% of the car value. EGI has additionally launched insurance coverage merchandise to guard harm to chargers or cables that aren’t part of the car and are used for charging at residence and so on. The customers could have the choice to select from a number of add-ons to swimsuit their particular person protection necessities from a bunch of merchandise provided by Edelweiss Basic Insurance coverage.
“The partnership is in sync with EGI’s philosophy to spend money on future applied sciences, assist the adoption of electrical two-wheelers in India and contribute in direction of sustainable development,” the insurer stated in a press release.
“Edelweiss will present our clients with a digitally enabled platform and an ecosystem that provides want based mostly and data-driven options. We sit up for a profitable partnership that creates immense enterprise values for each events,” stated Jeetender Sharma, founder and managing director, Okinawa Autotech.
Commenting on the partnership, Shanai Ghosh, government director and chief government workplace, Edelweiss Basic Insurance coverage stated, “We imagine the progressive transition to electrical automobiles is integral to the India’s journey in direction of eco-friendly transportation and as a brand new digital insurer, we’re excited to be a part of this rising expertise pushed mobility ecosystem.”
“Other than assist from the federal government, clients are additionally changing into more and more environmentally acutely aware and due to this fact curiosity within the EV section is on the rise. This mindset shift will carry a couple of dramatic change within the trade. Our goal is to assist this transformation, whereas maintaining the client requirement and expectations on the fore”, added Shanai.