Loadsure Takes Cargo Underinsurance Crisis Head-On, Driving Greater Efficiency of Insurance Distribution with New Release

Story by

Team Loadsure

Tags /

  • Cargo
  • Freight
  • Insurance

LONDON – December 2, 2021 – Today, Loadsure announced an important update to its per-load, smart cargo insurance platform. Now, not only can freight and insurance industry professionals send AI-powered cargo insurance quotes and policy terms and conditions to their customers directly from the Loadsure portal, their customers will be automatically provisioned with free Loadsure accounts, enabling them to access quotes in a single click and purchase cost-effective coverage in seconds.

“Shippers today are massively exposed to risk,” says Loadsure CEO, Johnny McCord. “In fact, 60 to 90 percent of cargo moved today is under or uninsured. In part, that’s because many SMBs don’t have access to affordable risk management that can also keep pace with the just-in-time supply chain. This new functionality enables Loadsure portal users to efficiently distribute the affordable coverage shippers need to protect their future growth.”

Facilitating traditional shippers’ interest cargo insurance is a cumbersome process for freight and insurance industry professionals, even more so when they don’t have insurance purchasing authority. Loadsure’s latest rollout means they can now instantly share dynamically configured pricing and policies that match the unique specifications of each load, while also delivering shippers a white-glove purchase process.

“The freight and insurance industries are highly competitive,” says McCord, “and nurturing customer relationships and delivering value-added service is essential to business sustainability.” Our latest update empowers Loadsure portal users to do just that, while also saving them time and hassle with end-to-end digital processes—from insurance quotes to claims processing. It’s just one more way we can serve the community we care about. ”




Loadsure, an international Insurtech Managing General Agent (MGA) and Lloyd’s coverholder, leverages AI and automation to provide an industry first: pay-as-you-go, all-risk digital insurance for brokers, shippers, and carriers. Through Loadsure.net and leading TMS platforms, transactional coverage can be automated—or secured in less than 40 seconds—with claims resolved in minutes.

Visit loadsure.net.

Meshach Weber
Loadsure LLC