In a significant step towards enhancing safety for electric vehicle operators, GA Insurance Ltd., ARC Ride, and M-TIBA have partnered to launch SwapCare, a personal accident insurance plan tailored specifically for electric motorcycle riders who utilise e-battery swap services.

Insured by GA Insurance and powered by M-TIBA’s advanced health insurance technology platform, SwapCare offers comprehensive accident coverage seamlessly integrated into ARC Ride’s battery swap service. This ensures that riders are automatically covered each time they swap a battery, making insurance both accessible and convenient.

Key Benefits of SwapCare:

• Financial Protection: In the event of an accident, SwapCare provides coverage for hospital bills, lost income, and even funeral expenses.
• Accessibility: The insurance is seamlessly integrated into the battery swap service, making it easy for riders to access.
• Affordability: SwapCare offers affordable premiums, making it accessible to a wide range of riders.

A Partnership for Safety and Sustainability

SwapCare aligns with GA Insurance’s commitment to supporting sustainable and clean energy initiatives within Kenya’s transport sector. By including insurance into everyday activities like battery swapping, SwapCare makes protection accessible to a wider range of electric vehicle operators.

Expanding Insurance Coverage in Kenya

This initiative is a significant step towards increasing insurance coverage in Kenya, particularly among the often-overlooked boda-boda riders. By making insurance more affordable and accessible, SwapCare contributes to the financial security and well-being of thousands of individuals.

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ARC Ride: Leading the Way in Electric Mobility

ARC Ride, a key player in the electric mobility space, recognises the importance of prioritising rider safety. CEO Joseph Hurst-Croft emphasises that SwapCare is a game-changer for the local industry, ensuring that riders are covered for personal injury while using ARC Ride’s services.

M-TIBA: Enabling Seamless Digital Insurance

M-TIBA’s technology platform plays a crucial role in delivering SwapCare. The platform ensures a seamless and affordable insurance experience, demonstrating the potential of established and accessible digital insurance solutions in Africa.

SwapCare: A Model for Innovation

SwapCare is a prime example of how companies can innovate at the intersection of technology, insurance, and sustainable transport. By providing riders with comprehensive accident coverage, SwapCare is driving progress in Kenya’s electric vehicle landscape.

About GA Insurance Limited

GA Insurance Limited is a long-standing insurance company operating in Kenya, offering a wide range of general and medical insurance products. With over 70 years of experience in East Africa, GA Insurance has established a reputation for reliability and trust.

A Legacy of Excellence

Founded in 1979, GA Insurance has been a key player in the Kenyan insurance market. The company’s acquisition by the promoters of I&M Bank Group in 2006 has further strengthened its financial stability and market position.

A Diversified Portfolio

In addition to insurance, the promoters of GA Insurance have interests in various sectors, including bottling plants, manufacturing, and real estate. This diversified portfolio contributes to the company’s overall financial strength and stability.

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The Future of Insurance in Kenya

The success of SwapCare demonstrates the potential for innovative partnerships and technological solutions to address the insurance needs of underserved populations in Kenya.

As the country continues to embrace digital technologies, we can expect to see more such initiatives that make insurance more accessible and affordable for all.

SwapCare represents a significant step forward in providing comprehensive insurance coverage for electric motorcycle riders in Kenya. By utilising technology and partnerships, GA Insurance and ARC Ride have created a solution that prioritises safety, affordability, and convenience.

For more information on SwapCare and how to sign up, please visit https://mtiba.com/.