NAIROBI, Kenya Sept 18 – GA Insurance Limited has partnered with ARC Ride to offer M-TIBA-powered accident insurance cover for electric motorcycle riders.
‘SwapCare,’ a personal accident insurance plan, is specifically designed for e-bikes who utilise e-battery swap services.
GA Insurance SwapCare, through M-TIBA’s advanced health insurance technology platform, will offer comprehensive accident coverage seamlessly integrated into ARC Ride’s battery swap service.
It will also ensure that electronic bike operators are automatically covered each time they swap a battery.
“By integrating insurance into everyday activities such as battery swapping, we ensure that protection is both affordable and readily available for electric vehicle operators, aligning with our mission to promote economic resilience and environmental stewardship,” said Vijay Srivastava, Group CEO GA Insurance.
Joseph Hurst-Croft, Chief Executive Officer (CEO) of ARC Ride, noted that SwapCare will provide financial coverage for e-bike operators’ hospital bills in the event of an accident where hospitalised riders will receive cash compensation for lost income.
He added that in the tragic case of death, the health insurance cover will extend to funeral expenses.
“ARC Ride is at the forefront of Kenya’s electric mobility revolution. By embedding insurance with our battery swap services, we not only enhance safety and peace of mind for our customers but also elevate their overall experience, distinguishing ARC Ride in the rapidly growing EV market,” stated Croft CEO ARC Ride.
Pieter Prickaerts, CEO and Managing Director of M-TIBA, assured that the platform will enable real-time, embedded insurance solutions, offering health and accident coverage directly linked to essential services like battery swaps.
“This approach significantly reduces administrative overheads while making insurance more accessible to Kenya’s underserved markets, particularly for those in the informal sector,” he said.
According to the Kenya Demographic and Health Survey, only 26 percent of the population currently has health insurance, with coverage heavily concentrated among wealthier demographics.
