Citadel Insurance sponsors CT cab

As part of its corporate social responsibility initiatives towards raising environmental consciousness, Citadel Insurance is sponsoring a CT Park electric cab. Painted in green and featuring Citadel's eco insurance brand, the new Citadel cab was launched recently in Valletta.

The sponsorship of the cab complements the company's initiative as the first local insurer to exclusively introduce eco insurance on its motor and home policies.

Citadel Eco Motor insurance provides direct discounts on motor insurance to clients who own 'green' cars which have lower CO2 emissions, hybrid cars and electric cars.

Likewise, clients who have installed solar water heaters or generate their own electricity by using photovoltaic systems can benefit from direct discounts on their home insurance policy. Citadel Eco Home can be purchased separately on buildings insurance, contents insurance or on both when taken up together.

Reporting a total of 42,680 trips and a total of 68,392 passengers up to November, Mark Mallia, transportation manager of CT Park Limited, noted the high demand for the electric cab in Valletta.