Air Freight News

Redkik adds Canopy Specialty Insurance to its portfolio of MGA partners; Supporting growth through technology

Oct 10, 2024

Redkik, a leading provider of insurance technology, is excited to announce a strategic partnership with Canopy Specialty Insurance, a leading U.S.-based Insurance Program Administrator. Together, Redkik and Canopy aim to service the insurance landscape in the logistics sector by delivering cutting-edge, data-driven insurance products that provide faster and more accurate coverage for a wide range of shipments.

This partnership will harness the power of Redkik’s proprietary AI-driven technology, offering Canopy a simple way to issue Shippers Interest certificates of insurance immediately to customers. By combining this innovative solution with Canopy’s industry expertise and specialization in unique insurance products underwritten on behalf of carrier partners, the two companies will offer logistics and transportation companies more accessible, tailored, and comprehensive insurance solutions.

“Canopy represents an exciting partnership as we continue to see Program Administrator’s benefiting from our technology,” said Chris Kalinski, CEO of Redkik. “Our technology is designed to make insurance simpler and more efficient, enhancing the insurance journey for the insurer and insuree. Canopy’s reputation for underwriting excellence and innovation will help us continue to push the boundaries in the logistics insurance space. Together, we’re offering a smarter way to insure shipments.”

Canopy Specialty Insurance operates as an extension of its insurance carrier partners, offering bespoke insurance products and technology solutions. With a focus on utilizing advanced technology and providing specialized products to the U.S. marketplace, Canopy brings product expertise and a commitment to innovation. This partnership will enable both companies to deliver a superior customer experience by providing real-time insurance options that meet the evolving needs of logistics companies.

“We have been very happy with the rollout of Redkik’s technology and the seamless integration with our underwriting system. The feedback from the first customer has been extremely positive—they were impressed with the modern interface. It’s clear that Redkik’s approach is making a meaningful difference in simplifying the insurance process,” said Noah Klein, Head of Logistics at Canopy.

The Redkik Canopy partnership comes with many ancillary benefits to their customers. The Redkik platform helps Canopy policyholders reduce risk, streamline their operations, and obtain optimal coverage.

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