This partnership supports the logistic industry by digitising access to insurance for transporters, protecting them against all risks of physical loss or damage from any external cause during transit.
Powered by Lami’s insuranceAPI, transporters moving cargo will be able to swiftly digitise their insurancepolicy requirements on Sendy’s online freight dashboard for shipment across the country and within East Africa for cargo valued up to KSh5 million.
Sendy’s platform simplifies end-to-end logistics for businesses by connecting them to hundreds of transporters online. Transporters allocated a consignment will be required to access Lami’s embedded and automated insurance policiesenabling real-time quotation, adjustable carrier liability on a per-trip basis, and faster claims process on receiving claims reducing inefficiency.
”Through this collaboration, we will be able to take advantage of thespeed and ease of digitalisation while also assisting our transportation partners by adding a cutting-edge technology that will enhance efficiency to their service offering. It also allows our transportation partners to take advantage of a low-cost per-trip insurancepolicy, which is in line with our approach of forming alliances that enable our partners to do more”.
Through its API, users can get a quotation for motor, medical, or other tailored insuranceproducts in seconds, then customize the benefits and adjust thepremium to suit their needs, get their policy documents instantly, and claims are paid in record time.
Since its inception, theinsurtech startup says it has sold more than 5,000 policies and has partnered with more than 25 active underwriters, including Britam, Pioneer, and Madison Insurance, distributing more than 30 products available including medical, motor, employee benefits, and device insurance.
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