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TWL and Vero Marine to offer first paperless insurance

Operational Update7 March 2022TWLIndustrials

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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