“With great risk comes great reward,” founding father Thomas Jefferson is purported to have said. In freight brokerage and logistics, risk certainly is an inherent part of doing business. When shippers put their cargo in your hands, you become responsible for their freight and its safe passage to its final destination. Trucker Tools is excited to announce a new partnership with Loadsure, the industry’s fastest broker cargo insurance solutions. Our integration partnership with Loadsure helps you reduce your risk of financial loss in the spot market. Loadsure is a fully digitized broker cargo insurance that allows you to secure on-demand, per-load cargo insurance in real-time with a single click. Loadsure can potentially cut your annual insurance costs by five times or more.
Getting coverage, filing claims and getting claims paid with traditional spot freight cargo insurance companies can be time-consuming. With traditional spot market cargo insurance, you have to call your insurance broker to underwrite any additional risk and the rates may be high. When freight is damaged, filing a claim with a traditional insurer can be a labor and time-intensive process. Once you’ve filed the claim with a traditional insurance company, it also may take days or weeks for you to receive a claim settlement for the loss, which impacts your cash flow.
Loadsure provides you with automated, one-click spot freight cargo insurance that allows you to quickly close deals while minimizing risk. Artificial intelligence and predictive analytics make Loadsure’s underwriting process fast and accurate. Adding insurance to a spot market load takes seconds, not hours, with Loadsure. You can get a quote for and add insurance to a spot load instantly with Loadsure. Filing claims takes only a few minutes and Loadsure’s distribution network provides you with near instantaneous claim payments.
The integration between Loadsure and Trucker Tools gives you the ability to instantly add Loadsure spot freight cargo insurance to individual loads within Trucker Tools’ Smart Capacity digital freight matching platform. Instead of wasting time making calls to your insurance broker and risking losing the shipper’s load as the minutes tick by, you can quickly add per-load insurance coverage with a single click. Insure a load in seconds by clicking on “Add Insurance” in Trucker Tools’ digital freight matching platform and you’re covered for that load.
Insufficient insurance coverage on your spot market loads can be a major liability when it comes to maintaining profit margins and keeping your shipper and carrier partners happy. Once freight leaves a shipper’s dock, there’s always a risk that it could be damaged in transit by an accident, fire or a natural disaster. Loadsure helps you minimize financial losses on spot market loads and reduces the time and resources you devote to insuring spot market cargo. Loadsure handles the entire insurance process, from onboarding, underwriting and invoicing to payments, claims and settlements. Loadsure also can protect your shipper and carrier partners with wrap-around coverage that helps them manage their risk. Loadsure’s spot freight cargo insurance is simple, fast and easy to buy. It simplifies your day-to-day operations, making your logistics or freight brokerage business more efficient.
To learn more about Loadsure, visit https://www.loadsure.net.
If you’re looking for a way to develop lasting relationships with carriers and to simplify your operations, read Increase Carrier Stickiness, Simplify Communications with Broker Advantage.
Schedule a free demo of Trucker Tools’ digital freight matching software.