Loadsure
Welcome to freight protection 2.0
Holistic Freight Protection
Loadsure leverages high resolution data and AI to analyse every detail of risk and generate custom insurance policies to the exact specification in seconds.
With its revolutionary “holistic freight protection” approach, Loadsure empowers the freight community to make informed decisions about exposure and cost-effectively protect their businesses from loss with near real-time claims processing.
Loadsure is an Insurtech Managing General Agent (MGA) and Lloyd’s coverholder, currently serving the North America and Europe markets. Insurtech Gateway led their £1.1m Seed round in April 2020 and participated in their $11m Series A in March 2022.
PROBLEM
Traditional insurance options for the freight market are slow, manual and inadequately priced to cover the costs of human intervention. As a result, more than 60% of freight in transit travels without adequate insurance.
SOLUTION
Loadsure FOUNDER
Johnny McCord (CEO) – Johnny brings 18 years of cargo broking experience and a passion for entrepreneurship to the fore.
Previously a cargo broker at Lochain Patrick and, before that, a founding member of Roanoake International, he grew books of business that included such impressive names as Macy’s, Volga-Dnepr, the Olympics, and Walt Disney.
Loadsure is further guided by an experienced, multidisciplinary leadership team including Jim Heide (CCO), John Fulton (CFO) and Stephen Catlin (Advisor)
“Adding Loadsure’s ability to incorporate data analytics, in real-time, into the marine cargo sector complements our other strategic partnerships, allowing us to provide innovative, best-in-class recommendations to our Canadian shipping clients.”
Tracy McLean, SVP Global Logistics Insurance at NFP
What is the spot freight market?
Guest blog from Johnny McCord, Founder of Loadsure What is the spot freight market? Let’s start by looking at the …
Loadsure raises $11 million Series A
Today, Loadsure raises $11 million in Series A funding for its breakthrough freight insurance technology. The insurtech MGA has cracked …
Reinsurance News: New Lloyd’s coverholder
Loadsure, a managing general agency (MGA) focused on the U.S. spot freight industry, has been granted coverholder status by the …
“Insurtech Gateway has given us the confidence and support network to achieve our goals as we take Loadsure to the next level. There are still unforeseen challenges, which the expert Gateway team guided us through smoothly. Their subtle but supportive approach with Loadsure has been massively appreciated.”
Johnny McCord, Founder at Loadsure