Freight Insurance Just Got a 2019 Makeover Thanks to These Improvements - Insurance News | InsuranceNewsNet

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February 26, 2019 Newswires
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Freight Insurance Just Got a 2019 Makeover Thanks to These Improvements

PR Web

LOS ANGELES (PRWEB) February 26, 2019

Cabrella, an innovative and cutting edge insuretech company, has catapulted into the spotlight of the small parcel field. With over 20 years of experience, Cabrella offers the newest technology on the market for shipping insurance. For companies shipping small parcels via carriers such as FedEx, UPS, USPS, and DHL, Cabrella's software allows for integration to carrier accounts and provides 3rd party insurance with competitive rates, higher limits, and more comprehensive policy wording. The software also provides business intelligence reports and data to clients, allowing them to actively lower the risks of shipments and analyze past loss data to allow for more informed decisions about shipments. This also includes real-time alerts for elevated risk in certain regions and recommendations for the most reliable carriers per region. As an insurance broker, they are able to provide their clients with the lowest shipping insurance rates possible while also creating customized insurance plans that complement the logistics needs of their clients, among other benefits. And now, they are expanding the business to accommodate other modes of conveyance in the cargo sector including LTL, FTL, Ocean Marine, and Air Cargo.

What most freight shippers don't realize is much of their goods are dangerously underinsured if they only use the insurance provided by the carrier. Carrier liability is very limited and only covers any damages that are the fault of the carrier itself, leaving freight shipments open and vulnerable to the various other reasons of loss during transit. "There's a huge need that's not being met in terms of affordable and comprehensive coverage for freight shipments," says Benjamin Meskin, CEO of Cabrella. "Cabrella has not only met this challenge to provide a solution for cargo shipping needs, but we've also revolutionized what a solution looks like." Cabrella's easy-to-use shipping software integrates with most transportation management software systems to track, insure, and file paperless claims straight from the dashboard.

But the makeover doesn't end there. Cabrella offers a multitude of new benefits for freight, ocean, or air cargo shipments. Higher limits, comprehensive coverage for high risk and fragile items, low deductibles, and a pay-as-you-go structure are also part of the package. Cabrella continues to set the standards for shipping insurance by offering automated and professional claims handling and adjustments. "Slow claim refunds are a thing of the past," says Benjamin Meskin. "Let us take care of any liability issues so you don't have to worry about trying to collect or worry about being underinsured." Cabrella's paperless claims filing makes the process much quicker than filing through traditional carriers, allowing businesses to get their refunds sooner with no hassle. Cabrella will also be launching business intelligence for freight in the coming year.

Cabrella is also proud to partner with many TMS and similar companies involved in the parcel and freight world to add value to their applications. Partners enjoy private labeling of Cabrella's portal with API integration to offer the many benefits of Cabrella to their end users.

Always striving to make the shipping insurance industry better, Cabrella makes it their mission to provide customized shipping insurance solutions to meet the needs of modern, on-the-go businesses.

Read the full story at https://www.prweb.com/releases/freight_insurance_just_got_a_2019_makeover_thanks_to_these_improvements/prweb16124422.htm

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