Saliko Insurance & Sarina G. Trade Partner for Comprehensive EV Taxi Insurance in Nepal
21st February 2025, Kathmandu
Sagaratha Lumbini Insurance Company Limited (Saliko) has signed an agreement with Sarina G. Trade Pvt. Ltd. to provide motor insurance for electric vehicles (EVs), particularly focusing on EV taxis. The deal is set to cover EVs sold by Sarina G. Trade and provides a new opportunity for insurance in Nepal’s emerging electric vehicle market.
Saliko Insurance Sarina G. Trade Partner
Agreement Details
The memorandum of understanding (MoU) was signed by Changi Kshetri, CEO of Saliko Insurance, and Ajay Mahato, CEO of Sarina G. Trade. The signing ceremony was attended by high-ranking officials from both companies, including Varishma Saud Acharya, Deputy CEO of Saliko Insurance. The collaboration aims to streamline insurance options for EV taxis, which are becoming increasingly popular in Nepal.
Comprehensive Motor Insurance for EVs
Under this agreement, Saliko Insurance will offer comprehensive motor insurance to all-electric vehicles sold through Sarina G. Trade. The insurance coverage is tailored to ensure that owners of EV taxis can access reliable protection for their vehicles, offering them confidence in case of accidents or damages.
Efficient Claims Process
One of the key features of the agreement is a simplified claims process. Saliko Insurance promises to make the procedure smoother, ensuring a faster, hassle-free, and cashless settlement for any claims filed by EV taxi owners. This approach aims to reduce delays and make it more convenient for customers to get their claims processed quickly.
Focus on Speedy Payouts
The partnership highlights the importance of rapid claim settlement. Saliko Insurance is committed to providing quick payouts to policyholders, ensuring they experience minimal disruption in the event of an incident. The cashless system further reduces the burden on EV taxi owners during the claims process.
Strengthening Nepal’s EV Market
This collaboration is a significant step toward strengthening Nepal’s electric vehicle market. By providing insurance coverage for EV taxis, Saliko Insurance and Sarina G. Trade are contributing to the growth of the green transportation sector in the country. As more individuals and businesses transition to electric vehicles, the demand for such services will only rise, making insurance an essential aspect of the market.
Future Prospects
Both companies are optimistic about the future of this partnership. The collaboration will not only offer better insurance options for EV taxis but also encourage the continued growth of electric vehicle adoption in Nepal. With the insurance process streamlined and claims handled efficiently, EV owners can now feel more secure while operating their vehicles.
This agreement represents a forward-thinking approach to support sustainable transportation solutions while ensuring a safer, more reliable experience for Nepal’s growing fleet of electric taxis.
For more: Saliko Insurance Sarina G. Trade Partner
