Whereas the main digital marketplaces facilitate real-time booking, capacity and rate checks, WebCargo by Freightos has now gone one step further. Partnering with digital cargo insurance platform, Breeze, it has integrated a function to enable instant price and purchase insurance quotes for their shipments. With that, Breeze’s functionalities are directly accessible within the WebCargo air cargo platform. The collaboration once again shaves off time in the booking process and facilitates it, since users no longer need to leave the system to seek, compare, and purchase insurance elsewhere. Instead freight forwarders have instant access to an attractive insurance quote at the time of booking. In the first instance, Breeze’s insurance offers are available to users in the United States and the United Kingdom. “Breeze’s data-driven platform uses technology and data to automate and optimize, not only quote generation, but also policy binding, and claims processing. This technology reduces the time and effort needed to provide accurate cargo insurance to shipments it processes, and expands the protection provided to a shipper’s freight,” the release explains.
Manuel Galindo, Chief Revenue Officer of Freightos, revealed: “Forwarders rely on WebCargo to book hundreds of thousands of shipments every quarter. By partnering with outstanding companies like Breeze, we’re excited to add more services to our platform. This allows forwarders to focus on what matters most – customer relationships – rather than time-consuming pricing calls for services like insurance.”
Matthew Phillips, Chief Commercial Officer of Breeze, stated: “Between 60% and 80% of global cargo is estimated to be un- or under-insured. Our collaboration with Freightos empowers its customers to make informed decisions about insuring their cargo in a cost-effective and timely manner. We are on a mission to digitize the cargo insurance process and we share Freightos’ vision to make international shipping faster, more cost-effective, embedded, and more reliable using a data-driven approach powered by technology.”
