Cleveland company offers niche insurance for shipments to and from Mexico adminBlog No Comment 10Dec Share Mark Vickers, CEO of Borderless Coverage, didn’t think he’d end up in the insurance business, but because of his background in logistics, he saw the need for Mexican cargo insurance firsthand. Cargo insurance isn’t required by the Mexican government, as it is in the United States, Vickers explained. So they buy it on a per-load basis. And that’s difficult to buy directly, Vickers noted. And customers get a guaranteed rate for that insurance when they’re approved as a client, Vickers said. Since Vickers was in the trade business, he said he knows how much border communities in the U.S. “That’s my overall goal, and I think there’ll be some good byproducts that come from it, too,” Vickers said. Borderless Coverage got its start in August 2017. Vickers, who also works for Sedlak Supply Chain Consultants, is the only employee solely dedicated to Borderless Coverage. in Cleveland and Falvey Shippers Insurance in Rhode Island. Falvey is responsible for the API behind Borderless Coverage, and it has a relationship with Lloyd’s of London, which underwrites the cargo insurance for Borderless Coverage, Vickers said. Borderless Coverage’s main customers are third-party logistics companies and freight brokers, Vickers said. And Vickers said it recently began offering insurance to shippers from the moment of the pickup in the United States or Canada, instead of waiting for shippers to cross the border into Mexico. Vickers said he expects the new U.S. Source:https://www.handyshippingguide.com/ 15% OFFÂ Packages above Basic. Your Name (required) Your Email (required) Your Phone (required) Previous Two Digital Freight Brokers Focus on Price Transparency for Shippers December 7, 2018 Next Southeastern flatbed demand softens amid housing lull December 12, 2018 Leave a Reply Cancel replyYou must be logged in to post a comment. You Might Also Like 08May Freight Broker Software Solutions admin 08May Become a Freight Broker Agent: Training and Opportunities in Logistics admin 08May Get Your Freight Broker License: Requirements and Steps to Certification admin 08May Online Freight Broker Course: Learn the Skills You Need for a Successful Career in Logistics admin 08May Freight Broker Training Course: Start Your Career in Logistics Today admin 08May Freight Broker Training: How to Become a Freight Broker admin
