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 Flexport announces planned acquisition of Shopify Logistics, including Deliverr, to expand its services into last mile and eCommerce fulfillment. Learn more here.
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Parametric Insurance Coverage

Parametric coverage offers a pre-defined payout in the event of a specific climate-induced event loss occurring during the shipment’s transit journey. In short, it ensures your goods are covered against an “Act of God”. This insurance can be purchased prior to or during the shipment’s transit, as long as it’s before the event.

  • Damage to cargo
  • Loss of income
  • Business interruption

Who Needs It?

Groups shipping during turbulent weather seasons or events. 

Why Buy?

Your goods are in transit and there’s a storm that’s set to intercept them. This creates a high likelihood of damage to either the immediate cargo or the vessel transporting the goods. You know this is going to occur and likely damage your goods so you decide to get parametric coverage before the event for peace of mind.

Cargo Insurance Coverage: Get insurance for specific standalone risk events, like hurricanes.

Select the Right Coverage for Your Business