One-Moto India – The first-ever British Brand of Elegant and premium EVs in India, has announced partnering with Royal Sundaram General Insurance Co. Limited (Royal Sundaram) for issuance of insurance policies to its customers for EVs at the point of dealerships.
One Moto India has been exhibiting a fast paced growth in terms of products and services. The brand has stayed determined towards becoming an experience provider for customers in EV segment.
The EV startup recently announced its association with Global Assure to provide easy Roadside Assistance Services across India.
The brand’s tie up with Royal Sundaram General Insurance comes as another step towards offering more convenience to the users and as an “one stop shop” for all customer requirements including insurance at the point of sale.
“It is our ambition to offer the customers with the best of the services. In order to achieve the same we are trying to create a bouquet of services in addition to the world class array of EV products. Understanding that majority of the customer base is experiencing EVs for the first time, they seek more support to enable the transition from ICE to EV. We have identified the requirement and are trying to address the same with reputed associations, so that everything can be offered to our discerning customers under one roof,” Mr. Aditya Reddy, VP, Sales & Marketing, One Moto India.
Currently, the brand has three different EV two wheelers available on roads- Byka, Electa, and Commuta. Post launching three products within a short span of 3 months, the brand picked up on elaborating its services too.
On the association Mr. KN Murali, Country Head, Retail Agency – Key Partnerships, Royal Sundaram affirmed “The electric 2-wheelers penetration in India is rising at a very fast pace. With such growing demand and high EV adoption, we see a great scope for us to be an enabler in the space. As the nation makes the responsible shift towards e-Mobility for a better and greener future, we see our contribution will be effective with our association with One Moto team.
Following the association, One Moto India Customers will be able to avail an add on Cover- Depreciation Waiver, to their motor policies issued by the brand. Apart from this, the customers will also be offered competitive pricing, and cashless facility for claims at One Moto centers.
One Moto India is one of the three companies that the Government of India approved for e-AMRIT (accelerated e-Mobility Revolution for India’s Transportation).
About One Moto
One Moto Is A British Mobility Company Shaping And Electrifying The Last-Mile With Iconic Electric Motorcycles, Bikes, And Scooters. One Moto forayed in India and is promoted by Ellysium Automotives in the country. It has launched 2 products in November this year and has weaved a strong network of 75 Dealers already. In India, the brand is headquartered in Hyderabad, Telangana.
About Royal Sundaram:
Royal Sundaram General Insurance Co. Limited, is the first private sector general insurance company in India to be licensed in October 2000 by the Insurance Regulatory and Development Authority of India. The company is currently a joint venture between Sundaram Finance (with 50% equity holding) – one of the most respected non-banking financial companies (NBFCs) in India – Ageas Insurance International N.V (with 40% equity holding) and other Indian Shareholders (with 10% equity holding).
Royal Sundaram has been providing innovative general insurance solutions to individuals, families and businesses directly as well as through its intermediaries and affinity partners. The company offers Motor, Health, Personal Accident, Home and Travel Insurance to individual customers and offers specialized insurance products in fire, marine, engineering, liability and business interruption risks to commercial customers. Royal Sundaram also offers specially designed products to the small and medium enterprises and rural customers including farmers as well. The company is a pioneer in bancassurace in India, having long-standing tie-ups with reputed banks and NBFCs.
Royal Sundaram’s Accident and Health claims process received ISO 9001-2015 certification for effective customer service delivery. The company has been a recipient of the “Celent Model Insurer Asia Award” for developing an intelligent claims management system to improve staff productivity and increased customer satisfaction.
Some of the other achievements are:
- · The first private insurer to tie up with banks (affinity partners) for selling retail products and also to offer co-branded credit cards.
- · The first insurer to introduce cashless mode of settlement for health claims.
- · The first private insurer to introduce innovative health products like Hospital Cash.
- · The first insurer to introduce in-house Motor Assessors (IMAs).
