Insurance is low amongst individual PMD users

The take-up rate of insurance is very slow, among individual personal mobility devices (PMD) users here in Singapore. But some insurers that offer such policies said they are seeing an uptick in interest freshly and are guessing more sign-ups ahead.

This is coming after new regulations, such as mandatory registration of electric scooters got introduced in the market. While others are being warmed by the authorities. It is seen that a....