SG-based Gigacover Sustains Growth in the Philippines, Inks Partnership with EU-based MAPFRE Insurance to Improve 360 Protection for Filipino Workers and Small Businesses

Singapore-based insurtech company Gigacover recently announced a milestone partnership with Spanish insurer MAPFRE Insurance to improve 360 protection for Filipino individuals and businesses. Following increased reports of challenged platform workers in transportation and logistics, Gigacover’s collaboration with the global insurance provider also underscores the need to improve coverage for underserved delivery riders. 

“Seeing recent developments in providing adequate protection for platform workers across the region, we work hand in hand with insurance partners like MAPFRE to develop more products and services that would encourage better working conditions in the sector,” said Amerson Lin, co-founder and CEO at Gigacover. “True to our mission of protecting the underserved, we are confident that this partnership will help us secure our communities further.” 

The partnership will generally highlight Personal Accident and Income Protection coverage for Filipino workers to provide them with safety nets while on the job.