Online Cargo Insurance
A global broker has leveraged Genoa to sell cargo insurance online through a self-service web portal to small and mid-sized freight forwarders
Key Features
- Easy registration process incorporating both automated and manual components
- Streamlined interaction between automated and manual servicing components
- Automated rating and insuring terms & conditions
- Instant coverage for a broad range of shipments
- Collaborative referral handling
- Real-time certificate issuance
- Credit card payment processing
- Online claims reporting and status
- Powerful reporting tools
Benefits Realized
- Thousands of small clients managed by a small team of 2 brokers
- Broker is able to reach a market segment it couldn’t otherwise service economically
- Broker’s online e-commerce offering strengthens its brand as forward-thinking and technologically advanced
- Tight control over the program limits exposures
- Analytical reporting helps optimize rating