The logistics industry is evolving rapidly due to a combination of changes in customer expectations and buying habits, along with aggressive competition in a de-regulated transportation environment driven by technology, acquisitions, e-commerce, industry disruptors, nuclear verdicts and new approaches to providing logistics services.
This document is designed to highlight how the accelerated digital transformation that is currently underway enables the logistics and insurance industries to work together to implement new technologies such as Smart Contracts, Blockchain, Artificial Intelligence, Internet-of-Things and Big Data to deliver innovative digital cargo and logistics insurance products and solutions.
Marsh has over 20 years of experience in digital cargo insurance and we can help you design unique solutions to achieve different objectives, and can work with both traditional insurance markets, alternative risk solutions and/or captives. We enhance this core offering with an integrated claims management solution, ensuring that the customer experience both with respect to arranging cover and settling claims is handled efficiently. Additional coverages that can be offered, depending on your objectives, include Delay or Additional Expense covers, Warranty Products, Products Liability, Trade Credit solutions and Cyber solutions.
Download the Marsh Research on the State of Digital Cargo Insurance below.