BREEZE OPENS NEW OFFICE IN THE U.S.

Insurtech start-up Breeze has opened a new office in the US as part of ongoing global expansion plans after a successful scale-up in the UK market.

Breeze’s free-to-use online platform, specifically built for freight forwarders, provides instant shipper-interest, all-risk, cargo cover in a way that is fully embedded in forwarders’ existing operational workflows.

If there is a claim, Breeze’s platform also provides automated end-toend claims processing technology that ensures shippers are properly taken care of with full transparency and constant communication.

Current estimates are that around 70% of global trade is either under insured or not insured. With the growing number of risks affecting supply chains, it is more important than ever that cargo is properly covered. In many cases shippers are not even aware that they are not insured by their forwarder. With Breeze, forwarders can offer shippers the coverage they need.

Matthew Phillips, Chief Commercial Officer, Breeze

Breeze’s digital insurance solution is fully automated and integrates directly with existing systems and workflows, so forwarders can seamlessly help shippers better protect their cargo, while also generating more revenue.

There are no implementation costs to setting up Breeze’s platform, and it can take minutes to be up and running.

Technology, AI and data are revolutionising businesses across the supply chain and insurance is no different. We are leveraging innovative technology and data to provide better pricing, instant policies, and swift claim settlements. Breeze is disrupting the traditional cargo insurance market with an industry-first technology and data platform, which allows forwarders to focus on their core business, whilst adding value for their customers and generating more revenues.

The Breeze platform includes a dashboard that shows key insurance and financial insights such as number of policies, the amount of premiums generated, and relevant claims data.

It can also show the forwarder their overall risk profile, including, for example, exposure to unsafe vessels and ports, allowing for constant operational improvements and better risk management.

Breeze was set up in 2021 by an executive team with extensive experience in the fields of data, engineering, risk management, commercial underwriting, and insurance.

Breeze has successfully rolled out its insurance solution in the UK market and is now set on expansion in the Americas, with its first US office opening earlier this year.

In a very short time we were able to work with a number of market-leading forwarders in the US, and we are excited about bringing our new vision for insurance to the dynamic US freight market.

For more information visit breezeai.com or contact matthew@breezeai.com