TWL and Vero Marine to offer first paperless insurance
MEDIA RELEASE
TradeWindow and Vero Marine team up to offer New
Zealand’s first paperless insurance for exporters
8 March 2022
Auckland, NZ. TradeWindow, a software company that provides digital solutions for
exporters, importers, freight forwarders and customs brokers, has partnered with
Vero’s marine insurance team – which will now be the first insurer in New Zealand to
offer its marine insurance certificates in a completely digital format.
The solution enables an end-to-end digital insurance certification process that
removes the need to print paper certificates and courier them between interested
parties.
TradeWindow CEO, AJ Smith says the partnership with Vero, which is part of Suncorp
Group, is an important milestone for New Zealand marine exporters.
“This initiative gives our mutual customers the ability to transact in a more secure and
trusted way. Our platform Cube, which uses blockchain technology, means all
parties along the supply chain can have confidence in the authenticity of the digital
insurance certificates.”
The connection between TradeWindow’s Cube platform and Vero Marine’s Ecert
system will allow mutual customers to request and manage insurance certificates
directly within Cube. Any changes to policies or certificate templates will
automatically be updated, removing the need to manually generate insurance
documents.
Vero’s Executive Manager Marine, Allen Chong, says that Vero is proud to be
leading the New Zealand marine industry to market with a digital option for its
customers.
“Shipping documentation is critical to the marine cargo industry, as these
documents represent ownership of the cargo, so having possession is important if
anything goes wrong and you need to make an insurance claim.
“Digital insurance certification offers a fast, simpler and more secure process.”
The new solution is set to go live on 28 March 2022.
ENDS
About TradeWindow:
Founded in December 2018, TradeWindow is an NZX-listed software company that provides digital
solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase
connectivity, and enhance visibility. TradeWindow’s software solutions integrate to form a cohesive
digital trade platform that enables customers to more efficiently run their back-end operations, share
information and securely collaborate with a global supply chain made up of customers, ports,
terminals, shipping lines, banks, insurance companies, and government authorities.
www.tradewindow.io
Further information:
Piet de Jong, for TradeWindow communications
piet.dejong@baldwinboyle.com, +64 21 812 766
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