Customs inspections often create bottlenecks in the supply chain, leading to unexpected costs, delays, and inefficiencies. Through this collaboration, LoadStar’s specialised insurance coverage is now powered by Redkik’s policy administration technology, making it easier and faster for businesses to secure customs inspection insurance.
By integrating Redkik’s AI-driven platform, the partnership not only simplifies insurance acquisition but also helps mitigate financial and operational risks. Businesses can now recover more quickly from unpredictable customs delays, ensuring smoother supply chain operations.
This alliance represents a major step forward in digitizing insurance for the logistics industry, offering a more efficient, tech-driven approach to managing the risks associated with international trade.
Chris Kalinski, CEO at Redkik, praised the collaboration. “We are very excited to announce yet another MGA collaboration, paving the way for many more to utilize Redkik technology to streamline and manage their insurance offerings. The LoadStar Integration will significantly improve supply chain resilience, a crucial factor fo businesses in a globalized economy. ”
By addressing a common and significant issue, the partnership has the potential to set new standards in the logistics and transportation industry. It could encourage further innovation and adoption of technology-driven solutions across the sector, leading to more efficient, reliable, and cost-effective trade practices
“Together with Redkik, we look forward to providing our clients with a one-of-a-kind insurance experience that truly understands and addresses their unique needs. Hopefully, the initiative could act as a catalyst for change, promoting a more proactive and predictive approach to managing risks in international trade.” said Dan Williams, President at LoadStar Insurance Services.