90% + of shipments moved around the world every day are underinsured, or not insured at all, representing a massive liability to the customers you serve.
Give them instant peace of mind and create a new revenue stream.
Smart Cargo Insurance
If you need multi-shipment cover over a set period, then we can help you streamline your insurance with just one policy thanks to our partners at Loadsure.
What Is It?
- A-rated, all-risk coverage for aircraft parts in transit.
- Up to $2m in international and domestic conveyance limits via the digital system.
- Specialty shipments of high-value goods up to $5M, subject to underwriting review, pricing, & terms.
- Referrals for high-value shipments can be expedited when advance copies of carrier contracts, high-value protocols, and standard operating procedures are on file with underwriting.
Who Can Use it?
Freight forwarders and logistics providers shipping 25+ shipments per month internationally and domestic:
- Logistics Providers
- Freight Brokers
- Freight Forwarders
- Repair Stations
- Airline Operators
We can arrange cover for any multiple parts and shipments across all commodities:
- Preferred commodities and aircraft parts include containerized cargoes, manufactured products and equipment.
- Coverage for select hard-to-place risks available on demand.
- Risks typically outside the Loadsure appetite include inventory and storage, cash & financial instruments, and luxury goods.
- Assureds can bind shipments and pay premiums directly from broker-generated quotes.
- More accurately prices risk for competitive, sustainable premiums.
- Automatically adjusts premiums and delivers real savings back to assureds.
Do I need Multi-shipment Cargo Coverage?
The next evolution of Shippers interest insurance is here thanks to a powerful AI-driven digital approach to a proven insurance product. Eliminating former hurdles of set limits, fixed commodity rates and laborious information gathering which have driven up shippers’ interest premiums for years.
With flycovr, you can now access AI-powered shipper’s interest insurance, empowering freight, and logistics businesses to instantly and cost-effectively protect every shipment – all with the predictability of a fixed rating model.
60% of shipments in the USA alone are underinsured
Mainly due to a lack of fast-paced insurance solutions matched to the speed and complexity of the freight industry and global commercial aviation supply chain.
If you are regularly supporting activities such as aircraft part out, inter warehouse or company stock transits or simply trying to facilitate multiple shipments in a set time then flycovr can get you the protection you need effortlessly with Shipper’s interest policy from Loadsure.
Our vision is a more sustainable supply chain for all through access to first-class products and better information that provides “First Party Position” protection from trusted partners when you need it.