GrabInsure

GrabInsure is a direct-to-consumer general insurance carrier licensed in Singapore by the Monetary Authority of Singapore (MAS), operating as the insurance arm of Grab Holdings Limited. The company received its MAS general insurance licence in December 2024 and was admitted to the General Insurance Association of Singapore (GIA) in May 2025. Its products are distributed exclusively through the Grab super-app and Grab Driver App, reaching a captive base of over 90,000 registered private-hire vehicles and millions of Grab passengers in Singapore.

The carrier uses Grab's technology infrastructure for policy distribution, pricing, and claims handling. Its motor insurance product, launched in March 2026, applies performance-linked premium pricing based on driver safety records derived from Grab platform data. Payment is facilitated through the Grab Driver App Wallet, eliminating the need for external credit arrangements.

GrabInsure operates as a wholly owned subsidiary of Grab Holdings Limited and does not disclose separate financial statements or direct written premium figures. The company's capital base is backed by Grab Holdings, which has raised multi-billion dollar institutional funding across multiple rounds.