Loadsure launches motor truck cargo insurance

MGA Loadsure announced the launch of Columbia, a new cargo coverage designed for motor carriers, freight brokers, and freight forwarders.

With Columbia, brokers will have access to “quick and easy digital quoting alongside fair, sustainable pricing through data-powered, risk specific underwriting, dynamic document generation and data transparency.”

Some of the supplemental coverages include business personal property, contingent coverage, contractual penalties, debris removal, extra expense, freight charges and shipping containers.

“Columbia™ is yet another example of the importance of data-driven solutions in moving insurance forward and closing the protection gap among SMEs in the cargo and freight space. Backed by our industry leading expertise, Columbia will empower brokers to better serve cargo outfits seeking long-term partnerships and the solutions needed to support their businesses.” – Loadsure CEO and founder Johnny McCord.