Loadsure

Loadsure is an insurtech managing general agent (MGA) that provides a fully digital cargo insurance solution. The company serves the freight and logistics industry, including freight brokers, shippers, and carriers, by offering on-demand, pay-as-you-go coverage for spot freight. This allows clients to mitigate risk and reduce their exposure to losses on a per-load basis.

Loadsure's business model is centered around its proprietary technology, which leverages AI and predictive analytics to automate the underwriting and claims processes. This results in instant quotes (in less than 40 seconds) and expedited claims settlements. The company makes money by taking a commission on the insurance policies it sells. By using a data-driven approach, Loadsure can offer more competitive pricing and broader coverage than traditional insurance providers. The platform is end-to-end digital, from quoting to claims, which enhances the customer experience and operational efficiency.

Keywords: Insurtech, cargo insurance, freight protection, logistics, supply chain, risk management, pay-as-you-go, digital claims, AI, data analytics