Edelweiss General Insurance (EGI) is specially collaborated with Okinawa AutoTech Pvt Ltd, one of India’s largest electric two-wheeler manufacturer with a market share of over 40%.
EGI will utilize Okinawa’s extensive dealership network (currently more than 350 dealerships) across India to offer customers simple, end-to-end digital-led solutions to ensure the best customer experience.
This partnership will enable EGI to provide custom solutions to Okinawa customers across the country. Users can now get a comprehensive insurance policy and have the option to choose from multiple add-ons to suit their individual coverage needs.
This partnership integrates with EGI’s philosophy of investing in future technologies, supporting the adoption of electric 2-wheelers in India, and contributing to sustainable growth.
We are delighted to partner with the market leader in electric 2-wheelers is said by Shanai Ghosh, CEO, and CEO of Edelweiss General Insurance. This collaboration shows our strategic focus on the electric vehicle market in the country. We believe that the progressive transition to electric vehicles is integral to India’s journey towards eco-friendly heart transport, and as a new digital insurer, we are excited to be part of the emerging mobility ecosystem working on this technology.
In addition to government support, consumers are also becoming more environmentally conscious, so interest in this segment is growing. This change of mindset will bring about a dramatic change in the industry. Our goal is to support this transformation by keeping in mind the needs and expectations of the customer is said by Ghosh.
Jeetender Sharma, MD, and Founder, Okinawa AutoTech, said, “We are pleased to partner with Edelweiss, a new age digital insurer that shares our convictions about the country’s EV market potential. This partnership is a step towards strengthening our commitment to providing continued support to our customers.
Edelweiss will provide our customers with a digitally enabled platform and an ecosystem that offers demand-based and data-based solutions. We look forward to a successful partnership that will create a great deal of business value for both parties is added by Sharma.
EGI’s policy for 2-wheeler EVs covers the vehicle from end to end, including the battery, which is the main component of any vehicle and covers 30% of the vehicle cost. EGI introduces covers for damage to non-vehicle chargers/cables.