Kenyan insurance business GA Insurance Limited has launched a new product.
GA Eco Drive Cover is a vast deal in Kenya’s insurance market because it promotes the company’s environmental sustainability and the global trend towards greener mobility.
In 2025, the government expects 5% of registered automobiles to be EVs. Kenyan EV sales rose 108% from 2022 to 2023. GA Insurance created this specific insurance coverage to address new risks in Kenya’s expanding EV environment and make it more sustainable by introducing innovative risk transfer methods.
GA Eco Drive Cover pioneered carbon-neutral insurance. Professionals reviewed certification. GA Insurance liked Verra-confirmed Kenyan gold and carbon credits. GA helps local groups and initiatives track carbon using the GHG protocol, ISO 14067, and PAS 2060. The 2030 Kenyan NDC aims to lower greenhouse gas emissions by 32%. Goal accomplished.
Sustainability is vital to E-mobility, and GA Eco Drive Cover is a massive step towards action. It promotes greener transport discussions with key parties and aligns with the UNEP FI Principles for Sustainable Insurance and the UN Sustainable Development Goals.
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GA Eco Drive Insurance Cover for Electric Vehicles offers:
Battery Cover: Covers EV battery repairs or replacement after theft or accident.
Charging Cable Cover: Keeps charging cables from getting stolen or damaged by mistake.
Cover for Private Charging Station: Protects charging stations from damage or theft that might happen unexpectedly.
Out of Charge Recovery: If a customer’s EV runs out of power, this benefit helps them get to the closest charging station.
Autonomous Driving Cover: Covers events that happen when self-driving features are used.
Cyber Attack Coverage: Protects against internet threats that target the vehicle’s electronic systems while using self-driving features.
In-car Entertainment Unit and Satellite Navigation Systems Cover: Helps settle theft or accidents.
Coverage for injuries and damage caused by charging cables: Covers damage to third parties or their property caused by charging cables.
Ga Insurance Kenya CEO remarks
During the official launch, Mr. Sandip Bhadury, CEO of GA Insurance Kenya Ltd, said, “The GA Eco Drive Cover is a specialized insurance policy designed to address the unique risks faced by the E-Mobility segment and its associated business models.” Traditional motor insurance coverage cannot handle electric car needs and hazards, he said.
The GA Eco Drive Cover gives EV owners peace of mind that their investments are fully safeguarded as Kenya embraces electric vehicles as a sustainable means of transportation. Mr. Bhadury further noted that the goal is to provide insurance solutions that meet Kenyan consumers’ changing needs while supporting eco-friendly options.
In a continuously changing automobile landscape, GA Insurance Limited strives to innovate and sustain by offering insurance products that reflect modern motorists’ beliefs and objectives.