VSK and GLT launch online cargo insurance

Russian insurer VSK partnered with transport company GLT (Global Logistic Transport) to launch online cargo insurance. The product works with the help of ‘advanced’ API integration methods with information systems of participants in the transport process and allows to provide customers with protection of cargo transportation almost ‘instantly’.

Insurance from VSK can be included in the order directly during the registration of transportation. In this case, the policy will be automatically generated and available to the client. The service protects against loss (destruction) or damage to cargo. It includes the total insured amount up to 20 million rubles.

“Today VSK is developing an integration platform for enterprises in the transport logistics industry. And we are glad that another major player in this market has joined it. Today, the platform provides insurance for more than 15,000 cargo shipments and allows you to reduce document circulation, work in its own accounting system and maximize the speed of issuing an insurance policy without spending a lot of time on registration. The platform also allows you to connect a service for settlement, inspection and payments online. Now our partners can rest assured that they will be protected and will receive all the necessary assistance.” – Olga Sorokina, member of the Board of Directors, Deputy General Director for Business Development of VSK Insurance House.

“At a certain stage of the company’s development, we realized the need to move away from traditionalism and move towards changes, which are facilitated by the introduction of digital products and automation. The partnership with VSK made it possible in a fairly short time to implement the project on “automatic cargo insurance”, which undoubtedly created a favorable environment for working not only with clients, but also with the involved transport. The project contributes to the optimization of logistics operations, making cargo insurance affordable and efficient.” – Pavel Gorbunov, founder of GLT .