MANILA, Philippines – MAPFRE, a global nonlife insurance firm, inked an agreement with foodpanda, the largest food delivery platform in Asia, to provide its delivery riders with Compulsory Third Party Liability (CTPL) insurance.
Through the partnership, MAPFRE will equip thousands of foodpanda motorcycle riders nationwide with CTPL insurance. MAPFRE offers one of the most affordable CTPL insurance in the market as it provides protection from liabilities arising from the death of or bodily injury to third parties.
Foodpanda Operations Director Patricia Jacinto extended her gratitude to MAPFRE for the partnership that protects the essential workforce, especially in these trying times. “We are truly grateful for this tie-up that benefits thousands of our rider partners. We are hoping this will pave the way for more partnerships that bring peace of mind,” she said.
MAPFRE President and CEO Tirso Abad, on the other hand, appreciated the opportunity to lend a helping hand to frontliners in the food delivery industry. “MAPFRE is beyond honored to provide a good number of our modern-day heroes with the protection they need, taking care of them and their essentials while they carry out their noble services,” he added.
Aside from CTPL insurance, MAPFRE offers a wide range of comprehensive insurance products including car, home, travel, and business insurances. For more details, like MAPFRE on Facebook or visit campaign.mapfreinsular.com.