Cargo

Cutting edge cargo insurance analytics

Digitise your book and gain visibility of dynamic exposure

Data and analytics platform for cargo insurance

Digitise your book and gain visibility of dynamic exposure

Access a wealth of intelligence associated with ever-changing risk throughout the cargo journey

Richer insight improves segmentation, prospecting and underwriting within each cargo segment

The Concirrus advantage: elevate your operations

0

-

10 %

Typical improvement
in loss ratios

0 %

Improvement in submission processing efficiency

+ 0 Trillion

Data points we analyse to turn into your competitive advantage

Quest Cargo core features

Behaviour-based analysis

Identify behavioural trends that correlate to risk for a more accurate understanding of exposure vs the use of demographic factors alone.

  • Uncover underlying risk within your existing portfolio and adjust premiums

  • Write new business based on a holistic view of activity over time

  • Leverage more than two trillion datapoints through proprietary machine learning algorithms

Optimise your cargo portfolio

Understand the influence of each type of good on your portfolio and optimise based on deductibles.
  • Frequency, severity and portfolio percentage displayed for each type of good

  • Filter categories by deductible and optimise based on exposure

  • Write business based on data insight to stabilise portfolio

Identify end-to-end risk exposure

Policies display global routes with relative value, storage locations, cargo types and modes of transport
  • Identify the specific risk factors associated with each route

  • Verify which assets are being held in specific storage locations over the life of the policy

  • Split cargo types by loss ratio to identify high risk goods

Understand port and storage exposure

Leverage external shipment data do deliver new insights on port and storage exposure.
  • Assess the chance of a large loss in port through the frequency of peak exposures at both account and portfolio level

  • Identify regional exposure through the clear visualisation of storage locations

  • Ascertain the distribution of storage locations across different value bandings

Unify underwriting processes

Assess exposure, write business and manage claims within a single platform from anywhere at any time.
  • Create draft policies to generate statistics, prepare a quotation and write business for a new or existing account

  • Bulk upload all existing journeys with associated details

  • Apply filters to claims and view key information at a glance as well as a full incident report

See Quest One in action

Learn more about Quest One’s quantifiable benefits by booking a demo with one of the team today