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Reportedly for the first time, cargo owners and transporters shipping within, to, and/or from South Africa can purchase marine and GIT cargo insurance cover instantly, digitally. Most cargo types with a value of up to R8m (±$660k) can be insured.
Says Benji Coetzee, founder and CEO of EmptyTrips: “The launch of this new service offering is a natural step forward for us as we build a full suite of digital on-demand logistics products. From an online rail freight open exchange (RailFOX) to an on-demand warehousing solution (StoreFOX).”
The startup has collaborated with Nacora Insurance Brokers (part of with Kuehne + Nagel global Freight Forwarders) on this initiative.