Across the Ocean Shipping (ATOShipping) has implemented a new digitised cargo insurance process in under a week, working with insurtech provider Breeze.
The integration is expected to result in a significant uptick in insured shipments as Breeze’s insurance platform accelerates processes such as quote generation and offering, policy binding, and claims management.
“This partnership meshes with our existing shipping booking workflow, simplifying and expediting the entire insurance process,” said David Aherne, Managing Director, ATOShipping.
“It is an important development in our ongoing commitment to implement innovative tech solutions to offer cost-effective, efficient solutions for shippers.”
Breeze offers a fully-automated, fully-embedded, digital insurance solution that integrates into a forwarder’s existing operational frameworks.
“Our mission is to overhaul the archaic insurance practices prevalent in the industry, leveraging data-driven strategies to broaden the scope of cargo protection,” said Matthew Phillips, Chief Commercial Officer, Breeze.
“Through digitization, logistics companies can mitigate risks efficiently, safeguarding their shippers’ cargo and preserving crucial relationships with their customers and partners.
“We share Across The Ocean’s vision to modernise traditional insurance and logistics practices.” Breeze’s platform fully integrates with existing systems and workflows, allowing forwarders and logistics companies to offer shippers better protection for their cargo, from issuing insurance policies, to end-to-end claims processing, while also generating more revenue for their business.
“By leveraging cutting-edge Application Programming Interfaces (APIs) and streamlined data exchange protocols, we completed the integration process with Across The Ocean extremely quickly and efficiently,” said Max Avgustevich, Chief Technology Officer, Breeze.
“The rapid turnaround time avoided any disruption to Across The Ocean’s operations and is testament to the simplicity of our platform’s framework.”
