A.P. Moeller-Maersk (Maersk), the largest container shipping line in the world by market share, has released a new door-to-door insurance solution in partnership with Zurich Insurance Plc.
In a statement, the carrier said Maersk Cargo Insurance will offer customers the synergy of world class logistics and insurance and protect goods from loss or damage.
Goods are exposed to various risks while in transit and Maersk Cargo Insurance will provide cover from the first moment they are loaded to the point they reach their destination, regardless of distance or how many countries it passes through.
“In line with our vision to become the global integrated container logistics company, we aim to provide our customers with a variety of solutions related to their supply chain,” said Kim Pedersen, Global Head of Logistics and Services at Maersk.
“As another step in this direction, we are now expanding our product offering and adding cargo insurance to our portfolio which our customers are able to add to their booking seamlessly online, something that is currently not available in our industry.
“We are proud to be taking lead to digitally transform some of the core processes in the industry to further improve the customer experience.”
“At Zurich, we are embracing digitalization to provide customers with better and simpler services and solutions,” commented Howard Kingston, Global Head of Marine, Commercial Insurance, Zurich.
“We are excited to work with Maersk to make cargo insurance available to their customers with just a few clicks.” mentions Howard Kingston, Global Head of Marine, Commercial Insurance at Zurich.
Currently launching in Spain on 16 March 2020, Maersk Cargo Insurance is available for nearly all commodities, including reefer products and Special Cargo.