Regional insurtech Igloo has partnered with motorcycle ride-hailing platform Angkas to provide personal accident and medical insurance to more than 20,000 riders in the Philippines.
Under the partnership, Angkas riders are automatically enrolled in personal accident plans while completing trips. The coverage applies to both riders and passengers during active rides.
The move comes as motorcycle ride-hailing continues to grow, filling gaps in urban transport. At the same time, many riders remain uninsured and exposed to accident-related costs. The Philippine Insurance Commission has issued a draft circular proposing Passenger Personal Accident Insurance for motorcycle taxis, highlighting the need for rider and passenger protection.
Angkas has more than 20,000 registered riders and about 11 million app downloads nationwide. Through the agreement, riders receive coverage without needing to sign up separately.
“This partnership aims to provide thousands of Filipino riders access to affordable insurance embedded directly into the platform where they earn their livelihood, closing the protection gap by reaching them where they are,” said Raunak Mehta, co-founder and CEO of Igloo. “At Igloo, our mission is to make insurance accessible, relevant, and affordable for all, and we will continue forging partnerships like this to advance that vision across the region,” he said.
For a minimum premium of about 52 centavos per ride, riders and passengers are each covered with up to ₱650,000 in personal accident benefits and ₱200,000 in medical coverage. The plan also includes free private ambulance service.
“Our riders’ safety is our top priority at Angkas, and this milestone partnership allows us to provide even more support for them,” said Angeline Tham, founder of Angkas. “By working with Igloo, we are able to offer accessible coverage that protects our riders and strengthens the trust that millions of Filipinos place in our service every day.”