Yango Partners with Waada to Launch Free Ride Insurance for Passengers and Drivers – Fintech News Pakistan

Yango Partners with Waada to Launch Pakistan’s Most Comprehensive Free Ride Insurance for Passengers and Drivers

Karachi, Pakistan – September 26, 2024: International ride-hailing service Yango, part of the global Yango Group, has partnered with Waada, a leading Insurtech company in Pakistan, to introduce free Ride Insurance. This collaboration offers one of the most extensive safety coverages provided by any ride-hailing service in the country, benefiting both passengers and partner drivers with enhanced protection during their journeys.

As part of this partnership, Waada will offer comprehensive accident insurance to Yango users, including passengers and drivers, at no additional cost. The insurance covers a wide range of incidents, from damage to mobile phones during rides to permanent disability, accidental medical expenses, and accidental death. This makes Yango’s Ride Insurance Coverage the most thorough in the country. The insurance is automatically activated on every trip, ensuring that all journeys booked via Yango’s platform are fully protected from start to finish.

Safety and Trust at the Forefront

Miral Sharif, Yango’s Country Manager in Pakistan, emphasized the company’s commitment to safety, stating, “It’s of utmost importance for us that everyone feels protected during rides with Yango, and our insurance program underscores our commitment to ensuring that. Yango is dedicated to going above and beyond to make every journey not just convenient but, above all, secure, further strengthening the trust our customers place in us.”

Waada’s CEO, Ishaq Kothawala, expressed his excitement for this pioneering initiative, stating, “I am thrilled about the step Waada and Yango have taken to make the ride-hailing ecosystem more secure and trustworthy. This is one of the largest embedded insurance schemes in Pakistan, and I hope it sets a precedent for more to come.”

Revolutionizing Ride-Hailing Safety Standards

The partnership between Yango and Waada highlights a strong commitment to improving safety standards within Pakistan’s ride-hailing industry. By prioritizing the security of both passengers and partner drivers, Yango ensures that all individuals trusting the platform for their transportation needs are fully protected.

Yango is also leading the way with a range of in-app safety features, including an SOS button for emergencies, real-time trip sharing through the “Share Route” feature, and an “Emergency Situation” button for immediate assistance. Drivers can also view passengers’ ratings before accepting trips and provide post-ride feedback, maintaining a respectful and secure environment.

As Yango continues to explore new avenues for enhancing ride-hailing safety in Pakistan, this partnership with Waada marks a significant milestone in providing peace of mind for all users.

Leave a Reply

Your email address will not be published. Required fields are marked *