Loadsure and Kleinschmidt announced today that the companies have partnered to deliver the ability to purchase on-demand, pay-as-you-go cargo insurance to FreightLaunch, Kleinschmidt’s digital freight enablement platform.
Loadsure, in combination with Kleinschmidt’s global B2B network—and broad experience in engineering EDI and API integration solutions for the freight, logistics, retail and manufacturing industries—will provide a streamlined cargo insurance purchasing process that helps carriers and brokers broaden their insurance coverage, cut costs, and more effectively manage risk. Users of Kleinschmidt’s FreightLaunch platform will be able to add additional cargo insurance with one click as they accept new loads via EDI from their shipper partners. They’ll also realize an accelerated resolution of claims, as the end-to-end processing that takes weeks or months through traditional means can be settled in just minutes through Loadsure’s fully-digital process.
“We’re always on the lookout for technology partners that can bring not just value, but real world utility to our customers and users, and Loadsure fits the bill,” said Phil Johnson, Director of Marketing at Kleinschmidt. “Our new digital freight enablement platform, FreightLaunch, is a product that we were very excited to roll out. It helps a specific, but crucial segment of our customer base to bridge a technology gap that’s typically managed by complex enterprise solutions. We’ve distilled that specific EDI workflow down to its basic form and broken down some barriers to doing more business, and we’ve elected to bring Loadsure into the platform because we feel it does the same for the complex cargo insurance process.”
