Making Shipment-Level Cargo Insurance Simple, Fast and Digital
Thursday, January 29, 2026
QuickQuote make shipment-level insurance fast, simple, and cost-effective. Single-trip cover avoids expensive annual premiums and frees up cash flow, while giving peace of mind against unexpected loss or damage.
QuickQuote is a cloud-based SaaS platform with no installation costs, supporting insurance brokers (wholesale) and freight forwarders (retail). It's automated and intuitive, allows users to add profit margins, provides full reporting, and is accessible on iPhones, Android devices, and iPads. Security, compliance, and data encryption meet high standards.
Please refer to the following commentary from Tim Cantlon (Director QuickQuote):
Cargo insurance is one of the biggest untapped opportunities in global logistics and a crucial conversation for clients.
Global marine insurance premiums reached USD 39.92 billion in 2024 and are forecast to hit USD 50 billion by 2035, growing at around 2% annually (IUMI).
The market is shifting and most logistics providers are expected to offer insurance as a bundled service, driven by digital investment and evolving customer expectations. Today, 67% of insurers are investing in digital tools, 54% of logistics firms are bundling coverage, and 41% report growing SME market penetration.
Marine insurance now represents over 42% of cargo policies globally, reflecting rising awareness of risk in complex supply chains. Digital platforms are modernising cargo insurance with real-time quoting, automated binding and claims, flexible coverage, and freight-management integration.
Customer expectations are rising: 74% of cargo owners want all-risk policies, and parcel-level coverage demand has grown 59% due to e-commerce and cross-border trade. Despite this, BIFA estimates up to 80% of global freight remains uninsured, so this roughly equates to a market size of circa $200B [using 80% are uninsured movements].
These trends underscore the importance of proactively raising insurance with clients using simple, digital, shipment-level solutions that make the process faster, easier, and more effective.
QuickQuote is a turn-key ready solution with local broker and insurance options available. It is compliant under ASIC and we provide quality training and support.
To get started, members can explore QuickQuote today and begin offering shipment-level coverage with minimal setup.