Redkik is set to overhaul how marine cargo insurance is transacted in Europe as it announces a strategic partnership with Howden Insurance Brokers AB together with insurer Chubb.
Redkik, a global software company with the mission to simplify and improve the cargo insurance industry with technology, today announced a strategic partnership with Howden Insurance Brokers AB, a leading provider of insurance brokerage and risk consulting. The partnership aims to transform insurance provision for the logistics and transportation industry with a quick, straightforward and compliant digital solution.
By partnering together, the companies are offering on-demand, per shipment insurance, underwritten by Chubb, for instant premium quotations at the time of freight being booked. This expedient process is coupled with competitive pricing and clear policy wordings for customers’ specific needs.
“Redkik has been truly impressed with working with Howden and Chubb, as they have been nothing but dynamic in supporting this partnership and imminent launch across Europe. Redkik’s technology, Chubb’s well established insurance capabilities and Howden as the insurance intermediary has led to a transformative partnership that will change the way we think of cargo insurance,” said Chris Kalinski, CEO and Founder of Redkik.
“Chubb has been in the marine insurance business for more than 230 years and we are very proud to partner with Howden to introduce to the European market this solution which truly modernises the provision of cargo insurance,” said Paul Woodgate, Regional Executive Officer, Northern Europe at Chubb.
The new SaaS solution for cargo insurance is now available for transport intermediaries to distribute in Sweden, with the intention of becoming available across Europe shortly after this initial pilot. This follows a successful launch in the US in 2021 and increasing availability extending to Asia and Latin America during 2022.