Breeze wants to reinvent cargo insurance

Breeze (Blue Ocean Data Solution Ltd), the insurance startup on a mission to offer better cargo coverage, is looking to enter the US market.

Founded in 2021 with presence in London, Tel Aviv, and New York, Breeze is building a new cargo insurance platform that will allow freight forwarders to offer cargo insurance as part of their ongoing booking and shipping processes.

The startup integrates with platforms of freight forwarders to analyze their unique shipment data and create a distribution plan. Once finalized, Breeze distributes cargo coverage to customers while also giving freight forwarders the option to handle distribution themselves. Freight forwarders then receive access to a dashboard where they can see how many policies were sold, how many claims were settled and the amount of revenue generated.

Breeze is “well funded” and according to Crunchbase it is backed by 7percent Ventures, NFX, and Phenomen Ventures.