News / Hapag-Lloyd unveils its own online insurance for ocean cargo

Hapag-Lloyd is piloting an online insurance product as part of a digital offering to try to overcome the widespread practice of shippers relying on the limited cover provided under the terms of carriers’ bills of lading.  

The line said it always took the “upmost care” of cargo, but “we also know that things can go wrong during transport”.

It added: “That’s why we are introducing Quick Cargo Insurance.”  

The Loadstar understands that the motivation for Hapag-Lloyd’s insurance product was the catastrophic mid-Atlantic fire ...