Trader and other complex Policy Management Automation

A trading company books cargo insurance for the goods it trades.

Key Features

• Automated quote, bind issue of cargo insurance for individual shipments
• Allocation of contingent or full coverage based on INCOTERMS
• Insured control of its own rates
• Insured selling premium as well as Insurer actual premium calculated and stored
• Automated determination of coverage terms

Benefits Realized

• Simplified management of cargo insurance for traders
• Easy control of premium markup