Addressing the supply chain’s underinsurance crisis

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

Democratizing Access to Enterprise-Level Risk Management

The value proposition of risk management strategies for major enterprises makes sense at large scales, but most privately-owned businesses – particularly those in the freight industry – simply cannot absorb the time or cost of the work to implement them, nor the one-size-fits all insurance policies that are traditionally offered. 

As a result, SMEs are priced out of essential bottom-line protectors and exposed to unnecessary risk, which explains the disturbing statistic that more than 60% of...

https://www.freightwaves.com/news/democratizing-access-to-enterprise-level-risk-management

Loadsure, Transship partner for one-stop shipping

Loadsure on Thursday announced its partnership with Transship to enable international freight brokers to quickly obtain pay-as-you-go, wraparound cargo insurance.

Loadsure said that within moments, freight brokers will be able to protect perishable goods through the Transship platform and also accelerate claims processing from days or weeks to just minutes.

“We see real synergy in this partnership,” said Loadsure founder and CEO Johnny McCord. “We’re both harnessing automation to drive obsolete,...

https://www.freightwaves.com/news/loadsure-transship-partner-for-one-stop-shipping

FreightWaves LIVE @HOME: Fuller Speed Ahead with Loadsure CEO and Founder Johnny McCord (with video)

Large volumes of freight move through the spot market every day with insurance that inadequately protects its transporters from liability. With brokers, shippers and carriers in a constant clash for the best deals, often insurance is an afterthought.

Enter Loadsure, a U.K.-based insurance startup offering “pay-as-you-go” insurance for the spot freight industry. Its mission is to deliver a simple, full-service insurtech solution for the freight spot market.

Loadsure CEO and Founder Johnny McCord...

https://www.freightwaves.com/news/freightwaves-live-home-fuller-speed-ahead-with-loadsure-ceo-and-founder-johnny-mccord-with-video