29th March 2024, Kathmandu
In a bid to promote electric mobility and enhance accessibility to Electric Vehicle (EV) Insurance, Aloi has sealed a promising partnership with NLG Insurance Company Ltd.
The agreement was formally signed by Sonika Manandhar, CEO of Aloi, and Sunil Ballav Panta, CEO of NLG Insurance.
Aloi Partners NLG Insurance
Under this collaborative effort, both companies are committed not only to making insurance more accessible but also to spreading awareness about the numerous benefits of electric vehicles.
The initiative aims to pave the way for a greener and more sustainable future.
About Aloi
Aloi, headquartered in Singapore and operational in Nepal, is a pioneering platform that enables climate financing for grassroots entrepreneurs. With a focus on improving the financial health and inclusion of micro-entrepreneurs, Aloi provides real-time insights into the loan journey, facilitating cashless financing for informal sector business loans. The company is set to expand its operations to Indonesia in the coming year.
NLG Insurance Company Limited
NLG Insurance Company Limited, a part of National Life and General Insurance (NLGI), boasts over three decades of experience in providing insurance services. Established in 1988, NLG has been a trusted name in the industry, offering a diverse range of products and personalized service delivery to its individual and corporate clients throughout Nepal. With reliable reinsurance support from Hannover Re, NLG is widely recognized for its prompt claims services and extensive network coverage.
This partnership between Aloi and NLG marks a significant step towards promoting sustainable transportation solutions and fostering environmental consciousness within the community. As electric vehicles continue to gain momentum globally, initiatives like these are instrumental in driving positive change and creating a more eco-friendly future for generations to come.