Monday, March 9, 2026
HomeIndiaAther Energy to Venture into Auto Insurance distribution

Ather Energy to Venture into Auto Insurance distribution

Date:

spot_img

Related stories

Fire Breaks Out in Shapath 4 Building on SG Highway

A fire broke out in the Shapath-4 building on...

Demolition drive in Rajkot; Over 350 illegal houses razed

A major demolition drive was carried out in the...

Ankleshwar Airport to Be Operational by End of 2028: Gujarat Govt

The Gujarat government has informed the State Assembly that...

Labels Were Never Her Size — Campus Activewear Celebrates Zeenat Aman This Women’s Day

This Women’s Day, Campus Activewear presents a powerful new campaign featuring...

‘67,000 Indians Safely Returned Amid West Asia Crisis’: EAM S Jaishankar

 External Affairs Minister (EAM), S. Jaishankar, on Monday informed...
spot_img

Ather Energy, one of India’s leading electric two-wheeler manufacturers, today confirmed its plans to enter the auto insurance services space by incorporating a wholly owned subsidiary that will operate as a Corporate Agent. In an effort to make the ownership experience more seamless, the new entity will focus on offering auto insurance policies, in partnership with multiple insurers, for its customers across the country. The move will enable Ather to streamline its insurance offerings, enhance customer experience, and generate a recurring revenue stream by leveraging its existing user base. Through this platform, Ather intends to work with multiple insurance partners. By taking distribution in-house, Ather will also be able to innovate around EV-specific insurance products, simplify renewals, and potentially improve attach rates over time.Speaking on the announcement, Ravneet Singh Phokela, Chief Business Officer, Ather Energy, said, “We have always believed that a good ownership experience goes beyond the vehicle itself. Insurance is a critical part of that journey today, and it’s an area where the experience can be made significantly simpler and more predictable for customers. By bringing insurance distribution closer to the Ather ecosystem, we can make it simpler, more transparent,and better aligned with how our customers actually use their vehicles. Over time, this also givesus the ability to work with partners to design auto insurance products that reflect real EV usage,rather than adapting legacy frameworks. This is a measured but deliberate step, focused onstrengthening the ownership experience while building a capability that complements our core offering and scales with the business.”

Fire Breaks Out in Shapath 4 Building on SG Highway

A fire broke out in the Shapath-4 building on...

Demolition drive in Rajkot; Over 350 illegal houses razed

A major demolition drive was carried out in the...

Ankleshwar Airport to Be Operational by End of 2028: Gujarat Govt

The Gujarat government has informed the State Assembly that...

Labels Were Never Her Size — Campus Activewear Celebrates Zeenat Aman This Women’s Day

This Women’s Day, Campus Activewear presents a powerful new campaign featuring...

‘67,000 Indians Safely Returned Amid West Asia Crisis’: EAM S Jaishankar

 External Affairs Minister (EAM), S. Jaishankar, on Monday informed...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here