BlueBox Systems has gained a new customer in Otonomi. The US-licensed MGA and registered Lloyd’s Coverholder is specialised on cargo delay insurances for time-critical freight. Otonomi is using the API-solution of BlueBox Systems to monitor cargo delays and supply chain disruptions, which cost the industry to excess of 50 billion US-Dollars per year. The air freight tracking programming interface of BlueBox Systems delivers data of more than 130 airlines, 1,600 airports and over 40 million status updates every day.
“It’s a real distinction for us that Otonomi is using the data of BlueBox Systems for the processing of insurance cases,” says Martin Schulze, CEO of BlueBox Systems. “This proves the reliability of our excellent data.” Unexpected circumstances can arise at any time during freight transportation and disrupt the entire supply chain. Data of Otonomi shows, that around 62 percent of cargo flights are delayed every year.
“Insurance policies have historically excluded delays, making it impossible to get claims paid”, states Yann Barbarroux, CEO & Co-Founder at Otonomi. “Our cargo delay insurance bridges that protection gap, empowering logistics to mitigate supply chain risks, and providing peace of mind to shippers.” He adds: “We provide shippers a simple yet powerful way to manage financial risks arising from freight delays.”
“We make it a priority to provide cutting-edge data-driven risk management solutions adapted to the specific needs of this industry”, says Yann Barbarroux, Otonomi’s CEO. “To do so, we are incredibly thrilled to have access to the best-in-class data provided by BlueBox Systems.”
Through the cutting-edge client API provided by BlueBox Systems, Otonomi can integrate this data in its own solution and has access to real-time information regarding AirWayBills monitoring, complex cargo scheduling and supply chain disruptions. The API streamlines processes by fostering automation and seamless system interactions, reducing manual intervention, and improving overall operational efficiency. BlueBox Systems’ solution toolkit provides the global logistics market with user-friendly, operationally intuitive, and yet robust end-to-end data security.
“Another great advantage of our API solution is flexibility”, explains Martin Schulze, CEO of BlueBox Systems. “The interface can be adapted easily to the needs of any individual customer.” Siemens, 4flow and Thinkprime are also using the API interface, for example.