Using Breeze’s technology, freight forwarders can significantly reduce policy costs and booking times with instant access to insurance quotes when they place a booking so they do not need to source insurance separately.
The integrated insurance service will initially be available to forwarders in the USA and the UK.
Breeze’s data-driven platform uses technology and data to automate and optimise processes, generating quotes, binding policies and claims processing.
The technology reduces the time and effort to provide accurate cargo insurance to shipments and protection for freight.
Manel Galindo, Chief Revenue Officer of Freightos, says, “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, adds, “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.”