Reinsurance News
Loadsure
Loadsure expands leadership team to drive growth
22nd April 2025
Loadsure, an insurtech managing general agent (MGA), has expanded its senior leadership team with a series of key appointments. Johnny McCord, Founder and CEO of Loadsure, said, “Our expanded leadership team marks a significant milestone for Loadsure as we bring Holistic Freight Protection to market and evolve as an organisation. “We’re dedicated ... Read the full article
Loadsure partners with Google Cloud to launch AI-powered claims verification system
7th November 2024
Loadsure, an insurtech managing general agent (MGA), has partnered with Google Cloud to develop an AI-powered claims verification system that processes claims more efficiently and accurately. Traditionally, insurance claims processing has been labour-intensive and time-consuming, often requiring manual document verification and data entry, which can cause settlement delays and frustration for ... Read the full article
Loadsure enters European freight insurance markets
30th April 2024
Insurtech managing general agent (MGA), Loadsure, has officially entered the European market, which the firm hopes will build on its success in North America. The MGA will initially focus on the Benelux region, Germany, France, Denmark, Norway, Finland, and Sweden. Additionally, Ben Brough has joined the firm as Director of Europe, ... Read the full article
Loadsure to provide “market leading coverage” with new Motor Truck Cargo Insurance
12th February 2024
Insurtech managing general agent (MGA), Loadsure has launched a Motor Truck Cargo Insurance product powered by data and purpose-built for the logistics community. Named Columbia™- Motor Truck Cargo and Logistics Services Insurance, Loadsure’s new product aims to provide market leading coverage, protecting motor carriers, freight brokers, and freight forwarders against damage ... Read the full article
Loadsure gets Delegated Claims Administrator status from Lloyd’s
18th October 2023
Insurtech MGA Loadsure has been awarded Delegated Claims Administrator (DCA) status by Lloyd’s, which the firm says will allow it to bring claims handling fully in-house, ensuring that clients have direct access to dedicated claims adjusters. According to Loadsure, this recognition acknowledges the significant effort that it has put into its ... Read the full article
Loadsure partners with WeatherOptics to enhance freight insurance with weather intelligence
28th September 2023
Loadsure, a prominent Insurtech MGA (Managing General Agent), has forged a strategic partnership with WeatherOptics, a leading weather intelligence platform. The collaboration aims to integrate weather intelligence into Loadsure's risk calculations, bolstering their freight insurance capabilities. Loadsure is known for its innovative approach to addressing the global freight underinsurance crisis, offering data-powered ... Read the full article
Loadsure launches new digital ocean cargo & stock throughput insurance
20th July 2023
Insurtech MGA Loadsure has launched two “next generation” digital ocean cargo & stock throughput insurance products. “DanubeTM - Dynamic Ocean Cargo Insurance” and “HuronTM” are powerful tools for brokers, who will be able to quote cost-effective annual cover to their clients with unprecedented speed, utilising historical and real-time data to accurately ... Read the full article
MGA Loadsure enhances freight offering with TMK capacity backing
4th January 2023
Insurtech MGA Loadsure has announced that it has received capacity backing from Tokio Marine Kiln (TMK) to enhance its data-driven freight protection offering. According to TMK, the collaboration is part of a broader approach as they look to drive digital innovation and modernisation within the market. The partnership intends to develop ... Read the full article
Loadsure launches new Cargo Plus product
7th June 2022
MGA Loadsure has launched Cargo Plus, its new smart annual cargo product. According to the firm, the new offering is an annualized ocean cargo product that will deliver the financial convenience of a pay-as-you-go policy with the assurance that annual cover provides. This follows it receiving $11m in MMC-led funding ... Read the full article
Loadsure predicts spike in claims for cargo theft
26th May 2022
Loadsure has said a spike in cargo theft over Memorial Day in the US is to be expected, even though more than 60% of cargo remains uninsured or underinsured. According to analysis by CargoNet, part of Verisk, the average value of stolen cargo in 2021 was $172,340, a figure that does ... Read the full article
Burns & Wilcox to offer Loadsure’s AI-powered insurance coverage to brokers across Canada
26th May 2022
Insurtech Managing General Agent (MGA), Loadsure has announced a partnership with wholesale specialty insurer and MGA, Burns & Wilcox. Under the partnership, Burns & Wilcox will offer Loadsure’s AI-powered trip transit insurance coverage to independent brokers across Canada, giving them access to dynamically priced, pay-as-you-go, all-risk smart coverage and automated claims, ... Read the full article
Loadsure makes senior appointments in Nathan Trimble and Kate Lawson
9th May 2022
Loadsure has made two appointments at the top of its organisation. The firm said it has promoted Nathan Trimble to CCO and Kate Lawson to head of people and culture, effective immediately. They both report to Jim Heide, COO. Johnny McCord, CEO of the company, said: “Both Nathan’s and Kate’s contributions have ... Read the full article
Cargo insurtech Loadsure secures $11m in MMC-led funding round
15th March 2022
Insurtech MGA Loadsure has raised $11 million in a Series A funding round, led by MMC Ventures alongside Crowley, a global maritime, energy, and logistics company and existing investor Insurtech Gateway. Loadsure provides a transactional cargo insurance platform and automated claims process. It plans to use the funding to scale its organisation, ... Read the full article
ArgoGlobal-backed Loadsure secures Lloyd’s coverholder approval
10th February 2020
Loadsure, a managing general agency (MGA) focused on the U.S. spot freight industry, has been granted coverholder status by the specialist Lloyd's of London insurance and reinsurance marketplace. ArgoGlobal, a division of re/insurer Argo Group, has partnered with Loadsure to provide capacity and support for its development, and has been working ... Read the full article
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