GLOBAL TAXI INSURANCE MARKET

INTRODUCTION

In the event of third-party liability, accidents, natural disasters, etc., taxi/cabs are covered by a commercial vehicle insurance coverage known as "taxi insurance."The firm is protected from losses by a taxi insurance policy from compensation for accidents and damage.

Taxi drivers are covered by public liability insurance from lawsuits for which they might be held accountable. In the event that a passengeris hurt or has property damaged while in, entering, or exiting the cab, they are safeguarded. 

GLOBAL TAXI INSURANCE MARKET SIZE AND FORECAST

The Global Taxi Insurance Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Launch of taxi insurance by Aviso EIA Insurance is a component of a strategic alliance with the leading organisation for the taxi sector. In order to establish taxi insurance, Aviso EIA Insurance Brokers (Aviso EIA) worked with the NSW Taxi Council, the industry's acknowledged peak body in NSW and a significant contributor to the state's public transportation system.

More than 200 regulated taxi networks, more than 5,000 licenced taxi operators, and more than 30,000 licenced drivers make up the NSW taxi business.The strategic alliance, according to the NSW Taxi Council, intends to offer a full one-stop shop for all insurance requirements in NSW's major cities.

Additionally, it enables the top organisation to make sure that the region's taxi sector keeps up with the demands of the transportation business, both now and in the future.

The National Insurance Brokers' Association (NIBA), which is a division of the Aviso Group and a member of the Steadfast Group, and the rules established by the Financial Services Reform Bill that was recently passed are strictly followed by Aviso EIA.

Through this partnership, a continuous supply of high-quality insurance products and services will be provided to taxi operators in the area. The members of the peak association can "consistently achieve the best possible solutions and pricing for one of the major operating costs of taxis and allow our industry members to achieve improved overall business profitability" thanks to this.

COMPANY PROFILE

• Aviso EIA
• New India Assurance
• Ola Cabs
• Reliance General Insurance
• i-Wonder 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Taxi Insurance are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Taxi Insurance and key vendor selection criteria
3. Where is the Taxi Insurance manufactured? What is the average margin per unit?
4. Market share of Global Taxi Insurance market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Taxi Insurance in-house
6. key predictions for next 5 years in Global Taxi Insurance market
7. Average B-2-B Taxi Insurance market price in all segments
8. Latest trends in Taxi Insurance market, by every market segment
9. The market size (both volume and value) of the Taxi Insurance market in 2023-2030 and every year in between?
10. Production breakup of Taxi Insurance market, by suppliers and their OEM relationship