Taxify in partnership with AIICO Insurance PLC and AutoGenius, one of Nigeria’s first digital insurance platforms, has unveiled an insurance policy tagged ‘Taxify Cover’ designed to increase driver and rider safety as well as improve the confidence of their user base.
Taxify Cover is a Comprehensive Motor Insurance which provides compensation for: Own accidental damage, third party bodily injury/ property damage, theft and fire damage to the vehicle, death/ disability/ assault to the driver and rider, passengers’ liability and Loss of personal effects for both the driver and the rider.
Operations Manager of Taxify Lagos, Uche Okafor, commented, “This is the first time insurance is playing an active role in the daily commute of riders and drivers using any ride-hailing app, and we are happy to be at the helm of it. This is line with our commitment to improving the quality of transportation in Lagos”
Taxify Cover is a first in the industry
Adebowale Banjo, the General Manager of AutoGenius stated that developing a digital, sophisticated, and holistic product in the e-hailing business that not only secures riders and passengers but also their assets, was a necessity.
Taxify Cover will be available for purchase on AutoGenius’ platform.
Taxify adding insurance to its service list is a move that will perhaps make more people interested in cab-hailing services and probably heat up the competition with Uber. Who knows if Uber will come attacking with its own ‘cover’?