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Tuesday Nov 05, 2024
Wednesday, 29 May 2019 00:20 - - {{hitsCtrl.values.hits}}
PickMe, the country’s leading technology based mobility solutions provider, has collaborated with the company’s insurance representative, George Steuart Insurance Brokers to further enhance the value of services offered to passengers and its driver partners of its ride hailing platform. Accordingly, George Steuart is set to facilitate insurance coverage for accidental death, permanent disability and hospitalisation in case of an accident to all PickMe passengers with an insurance policy underwritten by Orient Insurance Ltd.
Commenting on the collaboration and insurance scheme, George Steuart Insurance Brokers Director/CEO Joachim Caspersz said, “PickMe’s innovative spirit resonates well with us as we consistently seek to offer insurance solutions that cater to the needs of the modern world. This insurance scheme is part and parcel of our efforts to offer unique products and make an impactful difference.”
The insurance scheme provides a maximum medical insurance cover of up to Rs. 200,000 along with an entitlement of up to Rs. 500,000 in case of partial disability, permanent disability or death due to an accident. Moreover, the insurance scheme offers third party bodily injury cover up to Rs. 10 million and third party property damage cover up to Rs. 500,000.
“Our success and sustainability of business operations stem from our ability to offer added value to all our stakeholders. In this case, our passengers and driver partners stand to receive a more substantive service than is the case with a standard app-based transportation service. We feel that this is the time for such value additions as we have seen an increase of PickMe services usage across the nation. As a truly Sri Lankan Company, we are pleased to be able to provide a more comprehensive and valuable service to Sri Lankans,” commented PickMe Chief Operating Officer Isira Perera.
George Steuart’s has been involved as intermediaries in insurance in Sri Lanka for well over 150 years. The Company ranks amongst the oldest insurance intermediaries operating in the region. A wholly owned subsidiary, George Steuart Insurance Brokers Ltd., (GSIB) functions as an independent insurance broker with access to all registered insurers in Sri Lanka and via a network of global partners. GSIB has access to a network of global insurers and underwriters alike and operates regionally. The subsidiary is registered to operate in Sri Lanka by the Insurance Regulatory Commission of Sri Lanka (IRCSL) and is a member of the Sri Lanka Insurance Brokers Association (SLIBA)