AXA XL launches on-demand cover for UK Uber drivers

AXA XL has launched on-demand cover to help Uber drivers in the UK minimise loss of earnings after an accident.

Called Vehicle Interruption Cover, it provides a lump-sum benefit of up to £450 to drivers if their vehicle is damaged following an accident and is off the road for 24 hours or more. It works Uber’s newly implemented UK loyalty programme – UberPro. For UberPro partners at Diamond level, Uber will contribute the premium for this cover.

Cover is available for drivers on the Uber app and is fully flexible to fit drivers’ workstyles: drivers can sign up to the new product in a few clicks via the Uber app and the premium is automatically collected from completed Uber trips. Cancelation is available immediately, also on the Uber app.

Paul Greensmith, chief executive of UK legal entities at AXA XL, said: “With Vehicle Interruption Cover, we have applied the knowledge and experience gained from working with some of the world’s leading companies and combined it with the technology and innovative mindset of the AXA Group Affinity Insurance Platform team. We are proud to help drivers make the most of Uber’s flexible earning opportunities, without having to worry as much about their financial security should something go wrong.”

Russell Corbould-Warren, head of insurance, Uber, Europe, Middle East and Africa added: “We are always looking at more ways we can help drivers and we are very happy that this partnership with AXA XL can be part of our loyalty programme for drivers, Uber Pro.”

AXA XL said that Vehicle Interruption Cover will initially be offered to all Uber drivers in the UK, but aims to explore the feasibility of expanding it to include Uber partners and couriers in other European countries.

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