Grab Malaysia Launches Daily Insurance for E-Hailing Drivers
Designed in partnership with 14 leading insurers and takaful operators in the country, the innovative product offers driver an accessible, yoption to add on daily e-hailing insurance coverage from as low as RM1 per day
New e-hailing regulations require drivers to purchase an e-hailing insurance/takaful, an add-on to their existing motor insurance/takaful, which may cost up to RM400-500 upfront for the year. Grab aims address this upfront burden via Grab Daily Insurance
GDI is the latest product by GrabInsure, Grab Financial Group’s insurance arm. GrabInsure is a digital insurance marketplace set up by the joint venture between Grab and Chinese insurtech giant ZhongAn Technologies .