Friday, 2 June 2017

SOUTH AFRICA: Uber Introduces New Insurance Policy For South African Passengers

Taxi app Uber has unveiled two new safety products designed specifically for its operations in South Africa.

A new insurance policy which is designed to cover riders’ injuries or death while on a trip with Uber in South Africa will be provided by Chubb, through its South African subsidiary, Chubb Insurance South Africa.

In the unfortunate event of an accident, the coverage provides passenger accident insurance, which covers passengers’ accidental medical expenses as well as compensation for accidental death or serious injury suffered by passengers whilst on a trip with Uber.

Uber has also partnered with RoadCover, who will provide assistance to riders and other third parties with their submission of claims submitted to the Road Accident Fund at no cost to themselves.

RoadCover removes the complicated process that users face when processing a claim with the Road Accident Fund.

Uber said it will continue to look for ways to do more to ensure safety on the road for transportation providers and their passengers.

Uber announced that local passengers will be provided with an updated insurance policy designed to cover injury or death while on an Uber trip.

Uber has existing insurance for passengers, but has now partnered with local providers to extend its coverage.

The policy is provided by Chubb Insurance South Africa and will cover passenger accident insurance, medical expenses, and compensation for serious injury or accidental death suffered during a trip.

Uber has also partnered with RoadCover, which will provide assistance to riders and third parties with their submission of claims to the RAF.

RoadCover removes the “complicated process that users face when processing a claim with the Road Accident Fund”, said Uber.

Uber has posted a loss of $708 million in its first quarter of the year, The Street reported.

It noted that the loss was an improvement over the $991 million loss it posted last quarter, and that its revenue had increased by 18% to $3.4 billion.

While it posted a loss, Uber said it still has over $7 billion in cash.

“These results demonstrate that our business remains healthy and resilient as we focus on improving our culture, management, and relationship with drivers,” said Uber.

This comes after Uber finance chief Gautam Gupta announced he was leaving the company.

Uber is rolling out Snapchat integration in Nigeria, Ghana, and South Africa.

This will allow Uber riders to unlock custom Snapchat filters, including Uber ETA and Uber ride filters.

These can be used to let people know when you are riding in an Uber or to share trip information with family.

If the Uber rider is an existing Snapchat user, they will see a Snap card in the Uber feed.

Snapchat integration will be available to Uber riders on Android and iOS in South Africa.

Two men have been arrested for allegedly hijacking and kidnapping an Uber driver in Hillbrow on Monday morning, Gauteng police said.

The two, aged 30 and 32, were seen driving a white Toyota Corolla at 03:30 when police stopped them, Captain Xoli Mbele said in a statement.

Four men jumped out of the car. One of them pointed a firearm at officers, who shot him in the lower back. The Uber driver was found unhurt in the boot of the car.

The injured man was taken to hospital under police guard. A second man was arrested.

The two would appear in the Johannesburg Magistrate’s Court on charges of kidnapping and hijacking.

Their two alleged accomplices are still at large.

Waymo has partnered with Lyft to work on autonomous vehicle technology.

The Google-owned self-driving car company confirmed it partnered with Lyft to improve autonomous vehicle technology and collaborate on product development, stated the report.

The companies did not specify what products or technologies would be launched as a result of the deal.

According to the report, the partnership between Waymo and Lyft could indicate that Waymo’s self-driving car technology is ready for real-world implementation.

Lyft is the biggest competitor to Uber, which is also working on autonomous vehicle technology.