Companies operating in the logistics space — whether as shipper, carrier, or intermediary — need risk protection strategies that reach beyond the role of conventional insurance.
Through a well-structured shippers’ interest offering, logistics and transportation companies have an opportunity to reduce claims impacting protection and indemnity and cargo legal liability policies. This may in turn lower the cost of risk on those placements, moving the exposure to a cargo policy, which can be presented as a value-added service to shippers.
Powered by our Bluestream and MarshCargo technologies, our digital shippers’ interest insurance solution enables logistics and supply chain providers to offer their clients an innovative online experience to purchase cargo and parcel insurance that protects them from claims arising out of these shipments.
By purchasing shippers’ interest insurance on a per-shipment basis, users only pay for the coverage they need, allowing insurance costs to keep pace with growth. Transferring risk to your customers helps isolate the exposure and insulate other parts of your casualty program.
We are a team experienced in logistics and supply chain models and risk mitigation. With our expertise and ability to leverage behavioral data, Marsh can develop rating models suited to challenging and evolving risk profiles. Additionally, we provide digital insurance distribution for a seamless customer experience and offer broker expertise and offline support, including dedicated program management and claims teams.