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Grab partners with China's ZhongAn to offer insurance

Singaporean operator strives to widen services as it faces Go-Jek competition

Grab plans to offer users and drivers the option to purchase insurance products on its app.   © Reuters

JAKARTA -- Singapore-based ride-share platform Grab will launch digital insurance services for its users and drivers, after striking a deal with China's ZhongAn Online P&C Insurance to set up a joint venture targeting Southeast Asia.

Grab is working hard to widen its service offerings as it braces for tougher competition in the region as its rival Go-Jek expands beyond its home market of Indonesia.

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