Ride-hailing service Bolt is has partnered one of the foremost insurance brands in Ghana Star Assurance Company Ltd to provide personal accident insurance cover for its drivers and riders across the country.
The company made the move as it prioritizes the safety and security of its riders and drivers, naming insurance as a critical part of its safety programme.
The new policy which took effect from 1st April 2021 is designed to cover riders’ and drivers’ accidental medical expenses as well as compensation for death or permanent disability suffered by them while on a trip requested through the Bolt App.
Speaking on the partnership, Operations Manager of Bolt Ghana Henry Whyte, said: “Ghanaian Law stipulates that all motorists must be insured, at least to cover their liability to third parties. Accordingly, most drivers opt for the third-party insurance to curtail the high cost of comprehensive insurance which covers not only third-party passengers or pedestrians but drivers themselves.”
“At Bolt, we recognize this challenge and have made it a core part of our mission to help our drivers and riders work under the most favorable conditions and that includes having access to insurance that makes them confident of their safety and security while on our roads. This partnership with Star Assurance is a step towards achieving our responsibility to our partners and stakeholders,” Mr. Whyte added.
He underscored the importance of such collaborations and commended the management of Star for its commitment to the well-being of the motoring public.
CEO of Star Assurance Mrs. Boatemaa Baffour-Awuah said “Star Assurance Company Limited, a member of the Ghana Club 100 and rated A by Global Credit Rating (GCR) is noted for her prompt claims payment ability over its 36 years of existence. Like Star, Bolt also priorities safety and security hence our solid partnership, which adds to the many collaborations we have had these past few years, promises nothing short of delightful experiences for drivers and riders on their BOLT trips.”
Bolt started its operations in Ghana in the year 2017, building an extensive network in the country.