As the leader in taxi insurance, Taiga Insurance (6161), which provides insurance services for more than 10,000 taxis, suddenly announced that it would surrender the relevant insurance policies next week. Underwriting by an insurance company, the temporary protection plan lasts for 30 days.
Ming Pao quoted Liu Pei-ling, the Chief Executive Officer of the Insurance Association, as pointing out that as of Wednesday (5th), more than 5,000 taxis have found insurance companies that promise to provide protection. They also emphasized that no taxis will be suspended due to the end of insurance.
Liu Peiling pointed out that the taxi insurance policy was surrendered on a large scale for the first time, and therefore the information was confusing. After the insurance company has communicated with the agent, I believe it is clear now.
She also pointed out that Taiga does not surrender all taxi insurance, nor is it focused on completing the surrender next week. The taxi industry does not need to worry about not being able to drive due to termination of insurance.
However, the Lianyou Taxi Association also pointed out to Ming Pao’s chairman Ouyang Gen that the information obtained by the four insurance companies did not "reject the policy of the affected Thai and Canadian taxis," depending on the age of the car owner and whether there is Wreck records, etc., and the premium will be higher than that of Taiga, even the 30-day temporary protection must be reviewed first.
There will be 200 taxis using Taiga insurance, but none of them have successfully obtained a 30-day temporary insurance policy.
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