Transforming Cargo Insurance: How Helvetia and Breeze Are Leveraging Advanced Technology to Revolutionize the Industry

Helvetia Global Solutions Ltd, part of Helvetia Group, is diving into the cargo insurance world by teaming up with Breeze, an insurtech company. This partnership aims to enhance protection for global shipments.

Breeze’s platform connects directly with freight forwarders, streamlining operations and simplifying cargo insurance. It uses Helvetia’s underwriting data to generate quotes within seconds.

Claims processing is also efficient. Simple cases are settled automatically, while more complex ones can be reviewed further. Plus, the platform allows for real-time tracking, providing insights into goods during transit and assessing risk levels.

This collaboration directly tackles gaps in cargo protection using innovative technology. Breeze’s platform is designed to keep up with the demands of global trade. It integrates factors like weather, route challenges, and risk-based pricing, which improves customer experience and value for logistics providers.

Providing a smooth, automated process from underwriting to claims, the platform addresses many overlooked risks ensuring shipments are well-protected.

Moreover, Breeze’s technology explores new risk coverage options, presenting growth opportunities for both companies. Together, they aim to enhance cargo insurance and adapt to the complexities of international logistics.

“Helvetia is an ideal partner for advancing cargo insurance and expanding globally,” says Eyal Goldberg, CEO of Breeze. “Their flexibility and customer-first approach align with our mission to empower logistics companies worldwide.”

Pascal Barbato, Head of Helvetia’s Marine, Aviation, and Art Division, agrees, stating, “Partnering with Breeze allows us to tap into a fast, data-driven solution for cargo insurance while sharing a commitment to customer service.”

The partnership between Breeze and Helvetia started in late 2022. Helvetia has since invested strategically in Breeze, reinforcing their collaboration and supporting Breeze’s growth on a global stage.