LONDON, 23 November 2023 - Marine cargo business can now get instant access to our market-leading cargo cover through our award-shortlisted e-trading platform, CNA Online, following the launch of Rapid Cargo.
Launched on 23 November 2023, the Rapid Cargo online system is designed to offer a simple and quick solution for straight-forward cargo business.
The online portal provides UK brokers with a full cycle quote and bind platform with instant documentation, incorporating a wide acceptance criteria and access to underwriters when risks refer or when support is needed.
With premiums from £650 up to £5,000, Rapid Cargo can provide coverage for marine customers with a turnover of up to £15 million and sets a standard £1 million limit. Exhibition cover and demonstration of test equipment is included as standard.
“The marine insurance sector is constantly changing and evolving, and we saw a need for a simple, online solution for straight forward, non-complex marine cargo risks,” said Neil Atkinson, Head of Marine, UK, at CNA Hardy. “Rapid Cargo comes off the back of the success of our CNA Online Excess of Loss product, for which we are BIBA’s scheme provider, and offers a forward-looking solution for modern UK brokers who are looking for a comprehensive product backed by a reliable and experienced underwriter at the touch of a button.”