Women operators urged to protect assets

Clarendon Transport Underwriters (CTU) managing director, Louis Fivaz, says his company has respect for woman taxi operators.

“As we celebrate women’s month we salute woman in the taxi industry – their participation in the taxi business proves how good the industry can be,” Fivaz said.

He said women operators have brought a professional touch to the taxi industry. Fivaz said: “Women operators are professional and caring in the way they conduct their business.”

Fivaz added that the participation in the taxi industry by women has come as a result of different factors. Many of them had to step in when their husbands passed on and some saw an opportunity to enter the industry as it presented them with lots if business opportunities, said Fivaz.

The participation by in this male - dominated industry has not been easy as they lack business skills and financial means to survive in this cut throat business.

Fivaz believes that women should work together as a team and share the industry’s knowledge with each other. “ There are a lot of things that they can share about how to run their business and improve their lot.”

He said one of the things that women operators could do to grow their business was to insure their vehicles.

“We had a story about a taxi operator who had her taxi involved in an accident and it go written off. Had she taken out an insurance policy the insurer could have replaced or even repaired the vehicle,” said Fivaz.

Fivaz says prevention was better than cure. “There are women operators still in the business who took out insurance policies to protect their valued assets,” added Fivaz.



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CTU is an authorised financial service provider FSP Licence No.5010 
CTU is underwritten[1] by The Hollard Insurance Company Limited (Reg. No. 1952/003004/06), a Licensed Non-Life Insurer and an authorised Financial Services Provider.

Clarendon Transport Underwriting Managers