Ola To Offer Motor Insurance Cover To Its Drivers, Partners With Bajaj Allianz

App-based Taxi aggregator Ola has partnered with Bajaj Allianz General Insurance to provide motor insurance solutions to its driver partners.

The tie-up comes with a host of benefits including savings on insurance premiums for registered Ola cab drivers, easier claim settlement service, along with value added services and covers like Depreciation Shield and Engine Protector.

The two companies are working together to create a digital infrastructure, to bring insurance transactions and claims services online.

Pranay Jivrajka, COO at Ola said, “Driver Entrepreneurs are key stakeholders to the growth of mobility in India and we are building a robust ecosystem for them through initiatives like these, enabling them to grow professionally and personally. Motor Insurance is essential for driver-partners and together with Bajaj Allianz, we are enabling easy access to driver-partners, giving them better savings, benefits and technology for the insurance they are buying. By investing in such partnerships, we are making a significant impact on the careers of driver-partners, who are integral to our mission of mobility for a billion Indians.”

Bajaj Allianz has developed a dedicated call centre to Ola partner drivers to address any policy purchase related or claims related queries. The company will also provide a cover for accidents, theft and damage due to natural and man-made calamities. Moreover, it will also provide a personal accident cover of Rs. 2 lakh to the driver partner.

Vijay Kumar, Chief Technical Officer- Motor Insurance, Bajaj Allianz General Insurance, said, “We are pleased to tie up with Ola, an Industry disruptor that has set benchmarks in its services to customers and has transformed the lives of Indian commuters. This tie-up is aimed at providing Ola’s driver partners a one-stop solution for all their motor insurance requirements, including value added services. Bajaj Allianz, through its seamless claim settlement procedures via its robust network of workshops, will ensure that the vehicles return on the roads in the shortest possible time.”

Ola in the past has had several tie-ups with other companies to provide benefits to its drivers. Earlier this year, Ola had announced a partnership with EduKart, an education marketplace to provide access to quality higher education to families of its driver partners.

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