South Africa-based SureFox Instant Cargo Insurance, powered by EmptyTrips, was launched on February 15th with the aim of making enterprise cargo insurance accessible online. Cargo owners and transporters shipping within, to, and/or from South Africa can purchase marine and GIT cargo insurance cover via the internet. Most cargo types with a value of up to ZAR8m (roughly $660,000) can be insured.
Benji Coetzee, founder and CEO of EmptyTrips, said that “the launch of this new service offering is a natural step forward for us as we build a full suite of digital on-demand logistics products. From an online rail freight open exchange (RailFOX) to an on-demand warehousing solution (StoreFOX).” The startup has collaborated with Nacora Insurance Brokers in the initiative.