Founded Year

2018

Stage

Series A | Alive

Total Raised

$12.37M

Last Raised

$11M | 5 mos ago

About LOADSURE

LOADSURE offers a fully automated, end-to-end digital process for purchasing freight insurance with a one-click insurance integration to loadboard, freight marketplace, and transportation management system platforms in the US. The company operates as an MGA and is an appointed representative of Lochain Patrick Insurance Brokers, a Lloyd’s accredited insurance broker.

LOADSURE Headquarter Location

Number One Minster Court Mincing Lane

London, England, EC3R 7AA,

United Kingdom

+44 207 280 3133

LOADSURE's Product Videos

ESPs containing LOADSURE

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Supply Chain Tech

Cargo insurance platforms help retailers more effectively insure their fleets, leveraging IoT and AI to digitize the insurance process and better predict risks and maintain compliance. Digital cargo insurance tech uses AI to build predictive models that can help policyholders identify and mitigate risk.

LOADSURE named as Leader among 6 other companies, including Concirrus, Lula, and Corvus Insurance.

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LOADSURE's Products & Differentiation

See LOADSURE's products and how their products differentiate from alternatives and competitors

  • Insurance

    instant, on-demand, smart transportation insurance products and automated claims settlements

    Differentiation

    Addressing this underinsurance crisis, the Loadsure platform delivers instant, on-demand, smart transportation insurance products and automated claims settlements. Technology is fundamental to the L… 

    Recognising the vital role of insurance broking intermediaries, Loadsure understands that technology-enabled solutions can take the pain out of these transactions. The Loadsure platform is completel… 

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Expert Collections containing LOADSURE

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

LOADSURE is included in 3 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,447 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

I

Insurtech

3,311 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

4,779 items

Track and capture company information and workflow.

Latest LOADSURE News

Loadsure launches new Cargo Plus product

Jun 7, 2022

Reinsurance News MGA Loadsure has launched Cargo Plus, its new smart annual cargo product. According to the firm, the new offering is an annualized ocean cargo product that will deliver the financial convenience of a pay-as-you-go policy with the assurance that annual cover provides. This follows it receiving $11m in MMC-led funding in March this year . Cargo Plus will be offered worldwide and include all-risk coverage for goods and merchandise in transit, with limits of up to $10M in international and $5M in US domestic conveyance. Johnny McCord, CEO of Loadsure, said: “The freight industry is changing fast and needs insurance to match that development. Leveraging our AI-powered dynamic rating model, the launch of Cargo Plus is a significant milestone in the development of Loadsure’s offering.” He added: “We’re delighted we can offer this state-of-the-art cover that will also empower our assureds – whether manufacturers, distributors, retailers, wholesalers or others – to better understand their risk exposure while providing visibility into business performance.” According to the firm, there will be no minimum premium required for Cargo Plus. It will also offer a pathway to integration for adjustable premiums with no reporting necessary, and offer flexible payment terms. Loadsure has been in these pages often in recent weeks. It recently predicted a spike in claims for cargo theft , saying that more than 60% of cargo remains uninsured or underinsured. It was also announced in May that Burns & Wilcox said it was going to offer Loadsure’s AI-powered insurance coverage to brokers across Canada.

LOADSURE Web Traffic

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Page Views per User (PVPU)
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LOADSURE Rank

  • When was LOADSURE founded?

    LOADSURE was founded in 2018.

  • Where is LOADSURE's headquarters?

    LOADSURE's headquarters is located at Number One Minster Court, London.

  • What is LOADSURE's latest funding round?

    LOADSURE's latest funding round is Series A.

  • How much did LOADSURE raise?

    LOADSURE raised a total of $12.37M.

  • Who are the investors of LOADSURE?

    Investors of LOADSURE include InsurTech Gateway, MMC Ventures, Crowley Maritime and Lloyd's Lab.

  • Who are LOADSURE's competitors?

    Competitors of LOADSURE include Redkik and 6 more.

  • What products does LOADSURE offer?

    LOADSURE's products include Insurance and 4 more.

  • Who are LOADSURE's customers?

    Customers of LOADSURE include Regiment Logistics, NFP Canada, Reliance Partners and Burns & Wilcox .

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