CAFU, the first on-demand fuel delivery and car services provider in the MENA region, has today announced the addition of a digital solution for vehicle insurance.
CAFU’s new and unique digital solution for finding vehicle insurance is part of a strategic partnership with Tokio Marine (Tokio Marine & Nichido Fire Insurance Co Ltd.), a multinational insurance holding company that allows CAFU users the ability to sign-up for car insurance services at the click of a button. This partnership is central to CAFU’s founding ethos of finding a more convenient way of doing things.
The entirely digital insurance policy includes seven products with a range of features, alternatives, and services that make driving more convenient for vehicle owners. With this new and innovative solution, CAFU customers will be able to choose their preferred level of coverage, receive instant quotes from Tokio Marine, process payments, and obtain their policy - all from the convenience of their smartphone and at competitive prices.
Alaa El Huni, Chief Business Officer at CAFU said: "Through our partnership with Tokio Marine, we are delighted to take the hassle out of vehicle insurance for our customers through a quick and seamless digital platform. This new service brings us one step closer to becoming a holistic option for vehicle-related services, from maintenance, repairs, and servicing, to refueling, using cutting-edge technology and mobility advanced solutions. We continue to harness technology solutions to strengthen our customer value proposition in line with our ethos of finding ‘a better way to do things’”.
Takako Matsuo, Senior Manager - Direct Business, Marketing at Tokio Marine added: “CAFU’s revolutionary services resonate with Tokio Marine's commitment to innovation and offering premium services to customers. We have developed an insurance product tailored specifically to CAFU’s customers and is backed by Tokio Marine’s more than 140 years of experience and solid credit ratings.”
CAFU developed a platform with a consistent value proposition that will allow its users to use, adapt, and participate. Since its founding in 2018, CAFU has been committed to advancing innovation, promoting ease, and providing its customers with time-saving services. Since launching, CAFU has expanded into neighbouring Emirates and is fast approaching its 10 millionth fill-up.
You can learn more about CAFU's story in our interview: Navigating regulatory red tape, big corporate competitors and a pandemic, CAFU has managed to emerge with 20x fleet growth in 5 years
