April 25, 2024

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Howden and Chubb get boost from insurance software developer

2 min read
Howden and Chubb get boost from insurance software developer&#13

Redkik, a international insurtech building computer software solutions for the cargo insurance coverage market, has fashioned a new strategic partnership with Howden Insurance policies Brokers AB, together with Chubb.

The new partnership appears to be like to completely transform insurance policy provision for the logistics and transportation industries through a streamlined electronic remedy. The partnership will see Redkik and Howden present on-need, for every cargo insurance policy that is underwritten by Chubb.

According to a release, prompt high quality quotations for digital cargo insurance goods can be produced at the time of freight getting booked. Aggressive pricing and very clear coverage wordings will also be highlighted by the on-demand from customers application-as-a-company (SaaS) alternative.

The SaaS resolution is at present available for transportation intermediaries to distribute in Sweden – with programs to extend availability throughout Europe subsequent this initial pilot.

“Redkik has been actually impressed with doing the job with Howden and Chubb, as they have been very little but dynamic in supporting this partnership and imminent start across Europe,” claimed Redkik founder and CEO Chris Kalinski. “Redkik’s technological innovation, Chubb’s properly recognized insurance policy capabilities and Howden as the insurance plan middleman has led to a transformative partnership that will improve the way we believe of cargo insurance policy.”

“Chubb has been in the maritime insurance small business for additional than 230 yrs and we are extremely happy to companion with Howden to introduce to the European market place this option which actually modernises the provision of cargo insurance plan,” said Chubb Northern Europe regional govt officer Paul Woodgate.

A launch mentioned that Redkik’s European cargo insurance policies SaaS launch follows the successful debut of the alternative in the US in 2021 and its expanded availability in Asia and Latin The united states in 2022.

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