December 9, 2024, Beijing - In response to the insurance coverage gaps that exist within global supply chains, Redkik and Cargo Power Network (CPN) have announced a strategic partnership aimed at leveraging advanced technology to provide comprehensive and efficient insurance solutions for worldwide freight forwarding users.
This collaboration will integrate Redkik's technology platform with Cargo Power Network's global logistics network, enabling freight forwarders, supply chain managers, and cargo owners to quickly and transparently access tailored transportation insurance solutions. The partnership seeks to address key industry pain points, including incomplete insurance coverage, complex application processes, and slow response times.
Technology-Driven Solutions to Optimize Insurance Access
Through this partnership, Redkik and Cargo Power Network will combine smart data analytics, automation, and blockchain technology to streamline the insurance application and approval process, allowing global freight forwarders and supply chain companies to access precise insurance services in real-time during transit. By simplifying the often cumbersome insurance procurement procedures, users will be able to secure the coverage they need quickly, while also reducing operational costs.
Redkik's CEO commented, "We are thrilled to collaborate with Cargo Power Network. By integrating our cutting-edge technological solutions, we will help global customers eliminate the challenges they face in acquiring insurance, while improving supply chain security and stability."
Global Users Benefit from Seamless Insurance Coverage
This partnership not only offers more intelligent insurance solutions for freight forwarders worldwide but also ensures that companies of different sizes and across various regions can access more personalized and accurate services. Cargo Power Network's global reach will enable the solution to be applied in numerous countries, particularly emerging markets, where Redkik's technology platform will address the challenge of accessing insurance products.
The CEO of Cargo Power Network remarked, "Our collaboration with Redkik will drive the insurance industry toward a more efficient and transparent future, ensuring that every freight forwarder and supply chain manager can easily obtain the necessary transportation insurance coverage when they need it."
Looking to the Future
This strategic partnership represents not only a new opportunity for the global logistics industry but also a sign that the freight forwarding sector will increasingly rely on technological innovation to optimize operations and improve service efficiency. The joint efforts of Redkik and Cargo Power Network will make a significant contribution to raising industry standards and securing supply chains.
As insurance solutions continue to evolve, users will benefit from a more intelligent, automated environment that provides fast and flexible insurance services, ensuring seamless global supply chain connections and sustainable growth.