To provide liability coverage for every parcel in the world.
To protect the loss in logistics, making it affordable and claimable.
XpressCover incorporated in 2005. During the earliest days, the logistics industry was only provided with Marine Cargo Insurance or Goods In Transits insurance, where both products require manual processing and take up to 48 hours to get the coverage approval. Logistic Insurance was a key component for all local retailers to protect their customers shipment against any mishap.
Seeing the gap between the shippers, carriers and insurance company, we started an online system to provide a unique insurance coverage service for the carriers' corporate customers. When eCommerce start booming, we turned the system into an online platform, where we partners with multiple insurance companies and carriers, to provide the best rate, on- demand, and fastest way to insure and cover a parcel shipment from the moment it is picked up by the delivery guys.
We started with two insurance companies and two local courier companies, and slowly grew our platform to host 5 insurance companies and about 20 logistics & courier companies. To keep up with the ever-growing eCommerce and Cross-Borders shipping, we continue to work with new players and startups that disrupt the way we do business globally.