With more than 60% of freight under- or uninsured, the underinsurance crisis is a symptom of the fact that traditional insurance processes cannot adequately protect stakeholders in the demanding environment of the modern supply chain.
Traditional insurance policies are designed for enterprise accounts; inherently cumbersome, inaccurate and one dimensional, they are often unfit to serve small and mid-sized businesses (SMBs) and meet their unique needs.
Johnny McCord, CEO and founder of Loadsure,...
https://www.freightwaves.com/news/addressing-the-supply-chains-underinsurance-crisis