Global liner shipping company Hapag-Lloyd has expanded its digital product portfolio by offering its customers an online marine insurance.

German-based Hapag-Lloyd said “Quick Cargo Insurance,” available on its website, provides customers with tailor-made insurance offers around the clock. The insurance cover takes effect immediately upon conclusion of the contract.

“Not every cargo transported by sea is insured, yet. For instance, small and medium-sized customers often do not take out insurance for cost reasons. Our ‘Quick Cargo Insurance’ proves that insurance does not have to be complicated and expensive,” explained Ralf Belusa, managing director of digital business & transformation at Hapag-Lloyd.

Customers of “Quick Cargo Insurance” benefit from a particularly user-friendly digital service offering. “With just a few clicks, the customer can select and take out his insurance benefits. All contract documents are available immediately, so the load can be insured quickly and unbureaucratically,” said Belusa.

The Quick Cargo Insurance pilot is currently running for cargo shipped from Germany, the Netherlands and France. Further countries will be added soon.

Features of the product include direct access to cargo insurance, simplicity, competitive pricing, and instantly insured with all required documents, said the shipping company.

The insurance was developed in cooperation with the industrial insurer Chubb.

Photo: Henry M. Trotter

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