Edelweiss General Insurance inks exclusive partnership with Okinawa Autotech for E-bike insurance

Edelweiss General Insurance

Edelweiss General Insurance (EGI) has entered into an exclusive alliance with Okinawa Autotech Pvt Ltd, with more than 40% market share. EGI will be leveraging Okinawa’s dealership network (more than 350 dealerships currently) spread across India, in a bid to offer customers simple, end to end, digital driven solutions, focused at ensuring superior customer experience.

The alliance will assist EGI provide customised solutions to Okinawa’s customers across the country. With the help of this partnership, customers can now avail of a comprehensive insurance policy and along with the option to choose from multiple add-ons to suit their individual coverage requirements. The partnership is aligned with EGI’s philosophy of investing in future technologies, support the adoption of electric 2-wheelers in India and contribute towards sustainable growth.

Shanai Ghosh, ED & CEO, Edelweiss General Insurance, said, “We are happy to partner with the market leader in Electric 2-wheelers. This partnership reflects our strategic focus on the electric vehicle market in the country. We believe the progressive transition to electric vehicles is integral to the India’s journey towards eco-friendly transportation and as a new digital insurer, we are excited to be part of this emerging technology driven mobility ecosystem.”

Also Read: Edelweiss General Insurance unveils India’s first Open API Gateway for Insurance products

“Apart from support from the government, customers are also becoming increasingly environmentally conscious and therefore interest in the EV segment is on the rise. This mindset shift will bring about a dramatic change in the industry. Our aim is to support this transformation, while keeping the customer requirement and expectations at the fore”, added Shanai.

Jeetender Sharma, MD and Founder, Okinawa Autotech, expressed, “We are glad to partner with Edelweiss, a new-age digital Insurer which shares our conviction about the EV market potential in the country. This partnership is a step ahead in strengthening our commitment in providing continued support to our customers. Edelweiss will provide our customers with a digitally enabled platform and an ecosystem that offers need based and data-driven solutions. We look forward to a successful partnership that creates immense business values for both parties.”

Also Read: In 2021, we aim to introduce digital first products: Shanai Ghosh, ED & CEO, Edelweiss General Insurance

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