Hapag-Lloyd Launches Quick Cargo Insurance

German-based global cargo container shipping line, Hapag-Lloyd AG is expanding its digital product portfolio. As one of the first container shipping companies, Hapag-Lloyd is now offering its customers an online marine insurance.

"Quick Cargo Insurance" provides customers with tailor-made insurance offers around the clock. The insurance cover takes effect immediately upon conclusion of the contract.

"Not every cargo transported by sea is insured, yet. For instance, small and medium-sized customers often do not take out insurance for cost reasons. Our "Quick Cargo Insurance" proves that insurance does not have to be complicated and expensive," explained Ralf Belusa, Managing Director Digital Business & Transformation at Hapag-Lloyd.

"Customers of "Quick Cargo Insurance" benefit from a particularly user-friendly, digital service offering. "With just a few clicks, the customer can select and take out his insurance benefits. All contract documents are available immediately, so the load can be insured quickly and unbureaucratically," said Belusa.

"Quick Cargo Insurance" is already available for exports from Germany, the Netherlands and France, but expansion to other countries is planned.

"Quick Cargo Insurance" was developed by Hapag-Lloyd in co-operation with the industrial insurer Chubb in Germany.

"We collaborated with Hapag-Lloyd to create this modern, digital product that offers container shipping customers the opportunity to obtain insurance cover through simplified, fast processes," explained Marc Heidelbach, Easy Solutions Manager for Germany and Austria at Chubb in Frankfurt.

With a fleet of 237 modern container ships and a total transport capacity of 1.7 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. Hapag-Lloyd has a container capacity of approximately 2.6 million TEU – including one of the largest and most modern fleets of reefer containers.

A total of 118 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents.