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MyCoverGenius: Bolt Achieves Major Insurance Milestone with 1,000 Claims Processed

To ensure the well-being of its riders and drivers, Bolt partnered with MyCoverGenius to offer comprehensive coverage for all trips.

Staff Writer by Staff Writer
July 17, 2024
in Insurance
Reading Time: 2 mins read
1
Bolt driver and MyCoverGenius

Bolt driver covered by MyCoverGenius

Bolt, Africa’s leading on-demand mobility company, in partnership with MyCoverGenius, has reaffirmed its commitment to the safety and security of its riders and drivers by successfully processing over 1,000 insurance claims since September 2020.

This milestone underscores Bolt and MyCoverGenius’s dedication to providing a reliable and protected ride-sharing experience for all users.

To ensure the well-being of its riders and drivers, Bolt partnered with MyCoverGenius to offer comprehensive coverage for all trips.

The insurance products, built with flexibility and affordability in mind, are designed to cover a range of incidents, including loss/damage to mobile devices, bodily injury (medical expenses), temporary disabilities, permanent disabilities and death providing peace of mind to all its users.

Notably, loss or damage to mobile devices has been the most frequently claimed incident. The streamlined process ensures that claims are handled swiftly and efficiently, minimizing any inconvenience to users.

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Yayaha Mohammed, country manager at Bolt, commented,

“At Bolt, we are committed to ensuring that every ride taken with Bolt is safe and secure, that is why we partnered with MyCoverGenius to curate a unique insurance product to address the risks that drivers and riders may face. Processing over 1,000 insurance claims is a testament to our dedication to the safety and well-being of our users. Bolt’s insurance policies cover a wide array of incidents, ensuring that both drivers and passengers are protected from unforeseen events during their rides. This is part of several safety toolkits implemented and are continuously evaluated and improved”

Adebowale Banjo, CEO of MyCoverGenius, added,

“Ensuring protection for Nigerians has always been our priority at MyCoverGenius. Our collaboration with Bolt allows us to provide comprehensive coverage that addresses the specific needs and concerns of both drivers and riders. We are proud to support Bolt in making sure every trip is protected.”

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Comments 1

  1. Mr Owoeye Taiwo Oluwasegun says:
    1 year ago

    Good morning my name is Mr Owoeye Taiwo Oluwasegun, I started using MyCoverGenius compressive insurance last year so far. I have not benefited from it at all, you mentioned about tracking system on our car which I have not seen anything till today.

    Reply

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