February 7th 2023 – Insurtech MGA Loadsure today announced a new integration with MyCarrier, an LTL* industry-sponsored online platform.
MyCarrier, which is directly tied to over 80 LTL carriers and their systems, simplifies shipping, reduces costs, and optimizes operations for businesses of all sizes, while Loadsure directly addresses the freight underinsurance crisis with data powered, AI-priced, on demand cargo cover.
The partnership is exciting news for users of MyCarrier who already get multiple carrier quotes in a single step and now will be able to instantly secure Loadsure’s per-load cargo insurance coverage on LTL shipments. A one-click purchase will quote, book and return the insurance certificate, which effectively eliminates the time taken traditionally to acquire insurance on a transactional basis.
Johnny McCord, CEO and founder, Loadsure commented: “Both Loadsure and MyCarrier are passionate about making business simpler and more efficient for shippers. We believe that embracing digital change can reap rewards for our customers and industries, and this partnership provides just that. With Loadsure’s dynamic insurance embedded within the MyCarrier platform, customers can add all-risk insurance to their loads at the click of a button, eliminating needless paperwork and effort, and offering valuable peace of mind.”
Michael Bookout, MyCarrier CEO and co-founder, said: “With MyCarrier’s rapid growth, partnerships that provide value for our customers are a top priority. That’s why we’re so excited to offer Loadsure’s dynamic full value cargo insurance within our platform. LTL shipping involves many touch points and numerous opportunities for loss or damage, which is why the ease, efficiency, and peace of mind that comes with Loadsure’s coverage will be so valuable for our customers.”
* Less than truckload freight shipping (LTL) is used for the transportation of small freight or when freight doesn’t require the use of an entire trailer.