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A global insurance company has innovated its insurance offering for the marine transport community.
Chubb now offers instant shipment insurance on the networked trade platform (NTP) via its value-added service (VAS) listing, to instantly insure a wide range of goods including commercial containerised cargo, household goods, parcel freight, and specialty items, like works of art.
The instant shipment insurance technology, currently available in Australia, Korea, and Singapore, was developed to be promptly and easily deployed on other platforms, allowing transport operators to offer automated shipment insurance to their clients on their proprietary platforms. This makes the process for obtaining insurance quotation and bind cover seamless, quick, and available 24/7 for traders, logistics service providers, carriers, and insurance intermediaries.
“Being part of the NTP ecosystem reinforces Chubb’s commitment to innovate in marine cargo insurance,” said Anthony O’Brien, Chubb’s Regional Marine Manager in Asia Pacific. “We are proud to be part of this robust, vibrant environment, and pleased to be able to serve and grow with the community.
“In addition to our automated solutions, Chubb’s team of specialists will be on hand to assist with complex marine insurance risks such as heavy lift and over-dimensional freight, special transportation contracts, higher value shipments, as well as fine art and valuable goods in transit. Our shipping and transport partners can also be assured with Chubb’s strong network of claims, e-commerce, and risk management professionals in the Asia Pacific region.”
