Helvetia Global Solutions Ltd (HGS), the global division of Helvetia Group that specialises in B2B2C and transport insurance solutions, has joined forces with Breeze, an insurtech company focused on cargo insurance within the logistics industry.
This partnership combines Breeze’s technology with Helvetia’s expertise in international transport insurance, with the goal of providing enhanced protection for global cargo shipments.
Breeze’s digital platform integrates directly with freight forwarders’ systems, optimising their operations and enabling the efficient provision of cargo insurance.
The platform utilises Helvetia’s underwriting data to automate the process, quickly generating quotes for shipments in just seconds.
Claims are handled efficiently through the platform, with simple cases being settled automatically and more complex situations escalated for additional review. Additionally, the platform provides real-time tracking, allowing users to monitor goods in transit, assess risk levels, and obtain timely insights on financial and risk factors.
This collaboration is focused on addressing protection gaps in the cargo industry by using advanced technology to meet the evolving challenges of global trade. Breeze’s platform seamlessly integrates with the logistics systems of freight forwarders, leveraging data and analytics such as weather conditions, route analysis, vessel accumulation, and risk-based pricing. This integration enhances both the customer experience and the value proposition for the companies involved.
The platform also offers a streamlined, fully automated user experience, which spans from underwriting through to claims settlement, ensuring efficiency throughout the process. By addressing protection gaps that often go unnoticed by customers, it ensures that shipments are comprehensively covered against the growing range of risks impacting global trade.
In addition, Breeze’s technology opens the door to covering new types of risks that were previously unaddressed, creating further growth opportunities for both Helvetia and Breeze. Through this partnership, both companies are working together to enhance cargo insurance coverage and meet the needs of the increasingly complex global logistics market.
“Helvetia is a great partner for us to innovate the cargo insurance process and expand internationally,” added Eyal Goldberg, CEO of Breeze.
“Their expertise, flexibility, and customer-first philosophy perfectly align with our core values, vision and plans of empowering freight forwarders and logistics companies of all sizes around the world.”
“Partnering with Breeze is a perfect opportunity to broaden our reach while benefiting from a fast-paced, tech-and-data-driven solution for cargo covers,” commented Pascal Barbato, Head of Helvetia’s Marine, Aviation and Art Division. “Sharing common values and a passion for customer-centricity sets a strong foundation for mutual growth.”
The partnership between Breeze and Helvetia began in late 2022, as both companies sought to explore cutting-edge, technology-driven opportunities within the cargo insurance sector.
Helvetia has now made a strategic investment in Breeze’s latest funding round, further strengthening their collaboration and supporting Breeze’s global expansion efforts.
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