EV

MAPFRE Middlesea has teamed up with automotive company Mizzi Motors to bring electric vehicle (EV) insurance to the Maltese islands.

In doing so, MAPFRE Middlesea hopes to spur further action in the global fight against climate change whilst setting an example within the local insurance industry.

Mizzi Motors, one of the leaders in the local EV market, will be offering MAPFRE Middlesea’s new insurance product in tandem with its diverse range of EVs.

“We strongly believe that the transition to electric vehicles will play a crucial role in tackling climate change,” said President and CEO of MAPFRE Middlesea Javier Moreno.

Whilst acknowledging the steep price of most EVs, Mr Moreno highlighted that “research has shown that making the switch to greener vehicles will bring with it both financial and environmental benefits over time.”

The introduction of EV insurance to MAPFRE Middlesea’s portfolio is in line with MAPFRE’s mission to become a carbon neutral company by 2030.

“The EV insurance product launch reinforces our commitment to the future of mobility and to be at the forefront in the transformation of the mobility landscape,” said MAPFRE Middlesea COO Boris Curmi.

The environmental benefits of driving an electric car, including the elimination of toxic emission and decreased noise pollution, are especially prevalent in highly-urbanised areas of the Maltese islands.

Related

Carmelo Caruana Company Ltd appoints Michael Conti as Managing Director

14 June 2024
by Anthea Cachia

He is a seasoned leader with years of experience in the logistics industry.

Siblings Chloe and Tristen Portelli named Executive Directors at Mercury Towers Ltd

14 June 2024
by Fabrizio Tabone

The announcement was made by Mercury Group’s finance company.

Work and Wealth Watch: Fearing job loss because of AI

14 June 2024
by Luca Caruana

A Worried Content Writer writes to Money Coach Luca Caruana for advice on how to stay ahead of technological advancements, ...

Managers are more likely to be stressed, angry, sad and lonely, Gallup study finds

14 June 2024
by Anthea Cachia

While general worker well-being decreased, it was further experienced by young employees.

Close Bitnami banner
Bitnami