PETALING JAYA: The rising rates of insurance premiums for e-hailing drivers not only burden the drivers but also threaten the competitiveness of the industry, says the Malaysian eHailing Association .
"We are of the view that this additional insurance premium rates of the e-hailing sector is not only putting pressure on the people in general but also affecting the gig worker community, especially e-hailing drivers. Jose claimed that in an engagement session with Bank Negara Malaysia , the association was informed that this increase occurred due to the liberalisation of the insurance industry and existing laws that allow insurers to set rates at will.
Thus, the association is calling on the authorities to take measures to ensure the fairness of the insurance system in the country.