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Cooper Gay becomes becomes broker for online cargo insurance

19.01.05 - Cooper Gay announces that it is the Lloyd‘s broker for www.cargoinsure.com, the world‘s first website to offer cargo insurance online. The site was built and is powered by Wildnet, a leading provider of business process solutions to the insurance and reinsurance industry. Originally launched in September 1998 it offers brokers around the world a one-stop shop online for cargo insurance terms and cover.

Over 250 brokers are now registered on the site, and well over 10,000 certificates of insurance have been issued through it. The majority of the business has come from the USA, but brokers as far afield as Asia and South America are also regular users.

Toby Esser, Group Chief Executive, Cooper Gay said "Our primary goal is client satisfaction and being the Lloyd‘s broker for Cargoinsure means that we are able to offer retail brokers around the world the ability to access the cargo insurance market quickly, efficiently and entirely at their convenience.

Cargoinsure is a strategic investment for us to expand our cargo business, giving our 22 offices around the world a highly efficient and effective tool to access Lloyd‘s security in this important class of business.

Adding value through this sort of service extension is one of the ways in which we are building on our core areas of expertise, and with a buoyant freight market we expect Cargoinsure to be well received by our client base.“

Mark Birrell, Chief Executive of Wildnet commented "We are delighted that Cooper Gay has taken over this service. It is another example of where Wildnet products are helping brokers to grow their businesses through the intelligent adoption of the right technology.

For the re-launch we have added new functionality that means improved speed and easier access, and we fully expect the growth of traffic to the site to continue.