CargoAdvantage® is Chubb’s award-winning web-based marine insurance quoting and certificate issuing system.
Designed for the transport and shipping industry, CargoAdvantage received the "Asia-Pacific Insurance Innovation Award" at the inaugural Asia-Pacific Risk Management Awards in May 2017.
CargoAdvantage allows freight forwarders and other transport operators to protect their liability by offering a cargo insurance quote and cover for a customer’s shipment within minutes.
For companies engaged in international trade, a certificate of insurance is an essential document. To assist in the production of these certificates, Chubb has electronic certificates of insurance available on the spot via the CargoAdvantage system.
All that is required to produce these documents is Internet access, a User ID and a password, all provided by the local Chubb Office.
This user-friendly system has multiple benefits for insured clients, including:
Seamless policy issurance - that's the foundation of Chubb's CargoAdvantage. Less friction in goods movements makes for greater convenience and efficiency for transport operators.
CargoAdvantage has clinched the "Asia Pacific Insurance Innovation Award" at the 2017 StrategicRISK Asia Pacific Risk Management Awards. The award recognises insurers that can demonstrate that they have developed an innovative risk and/or insurance product, solution or initiative that has significantly benefited one or more of their Asia-Pacific clients. The awards were independently and rigorously judged by a panel of risk experts from across the region.
CargoAdvantage is a reliable web-based platform that has helped transport and shipping companies in the Asia Pacific region reduce their business risks. Chubb is forging closer relationships with the transport and shipping communities to support and add value to them with products as well as risk management and e-commerce solutions. This award is testament to our efforts in developing a ground-breaking solution to benefit our clients in the region.
“Easy access to the system and immediate issuance of policy to client without need to seek approval.”
- ABC Protection Agency
“It is a very user-friendly system. With this system, it eliminates those hassles on following up for the policy, waiting for policy draft, policy lost during transit, etc.”
- IMX Services
“1. Convenient on-the-spot certificate issuance
2. Simple and user-friendly interface
3. Suggested rates are useful and loading/discount feature provides flexibility
4. Provides option for cancellation / endorsement at front-end”
- TZ Risk Consultant Sdn Bhd
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Disclaimer - The content of the above article is not intended to constitute professional advice. Although all content is believed to be accurate, Chubb Insurance Singapore Limited (Chubb) makes no warranty or guarantee about the accuracy, completeness, or adequacy of the content of this article. Users relying on any content do so at their own risk.
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