Borderless Coverage and Freight Broking: What’s the Connection and How to Get Started with Borderless adminBlog No Comment 10Dec Share Mark Vickers, CEO of Borderless Coverage, didn’t think he’d end up in the insurance business, but because of his background in logistics, he saw the need for Mexican cargo insurance firsthand. Cargo insurance isn’t required by the Mexican government, as it is in the United States, Vickers explained. So they buy it on a per-load basis. And that’s difficult to buy directly, Vickers noted. And customers get a guaranteed rate for that insurance when they’re approved as a client, Vickers said. Since Vickers was in the trade business, he said he knows how much border communities in the U.S. “That’s my overall goal, and I think there’ll be some good byproducts that come from it, too,” Vickers said. Borderless Coverage got its start in August 2017. Vickers, who also works for Sedlak Supply Chain Consultants, is the only employee solely dedicated to Borderless Coverage. in Cleveland and Falvey Shippers Insurance in Rhode Island. Falvey is responsible for the API behind Borderless Coverage, and it has a relationship with Lloyd’s of London, which underwrites the cargo insurance for Borderless Coverage, Vickers said. Borderless Coverage’s main customers are third-party logistics companies and freight brokers, Vickers said. And Vickers said it recently began offering insurance to shippers from the moment of the pickup in the United States or Canada, instead of waiting for shippers to cross the border into Mexico. Vickers said he expects the new U.S. Source:https://www.handyshippingguide.com/ 15% OFF Packages above Basic. Your Name (required) Your Email (required) Your Phone (required) 2544 Previous Understanding the Relationship Between Carriers and Freight Brokers December 8, 2018 Next Southeastern flatbed demand softens amid housing lull December 12, 2018 Leave a Reply Cancel replyYou must be logged in to post a comment. You Might Also Like 12Aug How to Become Freight Broker in CA admin No Comment 12Aug The Benefits of Using a Digital Freight Broker: Expert Insights and Advice for Success admin No Comment 12Aug How to Become a Freight Broker in Alabama admin 1 Comment 12Aug How to Become a Freight Broker in Arkansas admin 2 Comments 12Aug How to Select a Freight Broker: Top 8 Factors Shippers Should Consider admin No Comment 12Aug How to Become a Freight Broker in Arizona admin 2 Comments
