Loadsure, an international Insurtech MGA that leverages high resolution data, AI and automation to provide accurately-priced freight insurance and insight products, today demo’s a major platform upgrade and unveils “Holistic Freight Protection”.
Coming to Loadsure users in 2025, Holistic Freight Protection will bring a raft of benefits to transport and logistics businesses. The concept is based on three pillars:
- Data-powered risk insights, which empower businesses to predict and prevent their exposure to risk and adopt best-practices with actionable insights
- Data-powered supply chain insurance – an expanding range of digital insurance products* that support businesses to insulate themselves from loss
- Automated claims – the industry’s fastest claims solution that keeps business on track through quick recovery of losses.
Forthcoming platform features include:
- Advanced, actionable risk insights covering carriers, commodities, journeys and static locations, offering users a comprehensive understanding of their risk exposure
- A new AI-powered “Knowledge Base” search engine, which allows users to ask questions about their risk exposure through an intuitive interface
- The “Marketplace” enables users to connect with trusted partners tailored to their business needs, enabling them to select insurance vendors that best fit their tech stack, scale and budget.
Speaking at the Freightwaves conference, Johnny McCord, Loadsure CEO and founder, said: “We have harnessed insurance and supply chain data to deliver customised insurance policies, giving democratic access to the right policy at the right price. This is accessed through an intuitive online portal in a fraction of the time it used to take. From day one, our commitment to solving the global underinsurance crisis has been clear, delivering unprecedented value to the supply chain community and driving down the cost of insurance.”
*Products include:
· Huron – ocean cargo stock throughput insurance
· Columbia – motor truck cargo and logistic services insurance
· Orinoco – dynamic shippers interest insurance
· Thames – Dynamic, on-demand cargo insurance
· Yukon – auto physical damage (coming soon)