Trukky, a leading freight transport aggregator, introduced Symbo's Marine & Logistics insurance to protect the goods while in transit. Achieved an attachment rate of 12% within a month post launch.
About Trukky:
Trukky is an aggregator for logistics that has
revolutionized the goods transport industry with
its use of technology. Their partnerships with
leading carriers across the country along with a
live pricing model helps bring the cost of
freight transportation down for customers.
The process to book shipping is simple and
with the use of cutting-edge technology the margin for middlemen is eliminated.
Trukky has a network of over 10,000 trucks plus
it offers 24/7 support to manage queries and to
ensure that shipments arrive on time.
Highlights:
Symbo’s Logistics Insurance offers protection for goods in transit catered
specially to Turkky’s clientele. Logistics Insurance makes for a very relevant
add-on when it comes to Shipping solution, which is why the product has
added value to Trukky’s current portfolio and has increased
customer attachment.
The Challenge:
While Trukky ensures that the goods are safe and reach on time, road
transport does have many risks. Changing weather conditions, natural
calamities, thefts and accidents can happen due to which goods may be
damaged. Trukky was looking to provide coverage for these situations
in way that is tightly coupled with their product.
Symbo Solution & Impact:
Symbo’s Logistics insurance has been embedded in Trukky’s purchase
flow making the insurance purchase seamless for customers. Customers
can now secure their fright worth lakhs for a premium of as low as 0.05%
of the shipping value Another factor that added to customer delight was
the claims process. Symbo could reimburse a claim in a matter of days
using its robust technology platform. Logistics insurance provides
coverage for all risks and perils during freight transport, ensuring
comprehensive cover for customers
What they say about us:
With a long standing partnership for marine transit insurance, Symbo has
helped our clients sustain & cover the financial risk associated with
logistics with their automated Insurtech expertise
Subhasish Das
Co-founder - Trukky
Stats Till Now
1
%
Overall attachment rate
0
Weeks implementation period
0
%
Increase in Avg. order value
1000
Policies Sold
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