Lami Technologies, a Kenyan insurtech, has partnered with Sendy to offer transportation insurance.
According to media sources, Lami Technologies, a Kenyan-based insurtech firm, has collaborated with Sendy Limited, a tech-logistics firm, to provide transporters in Kenya with easy, hassle-free, and inexpensive insurance solutions tailored on a per-trip basis.
This collaboration helps the logistics sector by digitizing insurance access for carriers, protecting them from any risks of physical loss or damage caused by any external cause while in transit.
“Through this partnership, we will be able to take advantage of the speed and simplicity of digitization while also helping our transportation partners by introducing cutting-edge technology that will improve efficiency to their service offering,” Mesh Alloys, Founder and CEO of Sendy, told the media.
It also enables our transportation partners to benefit from a low-cost per-trip insurance coverage, which aligns with our strategy of creating partnerships that empower our partners to accomplish more.”
Sendy’s technology connects companies to hundreds of carriers online, making end-to-end logistics easier for them.
Transporters who have been assigned a consignment will be required to access Lami’s insurance policies, which will allow for real-time quotes, flexible carrier liability on a per-trip basis, and a quicker claims procedure.
Lami is a digital insurance platform that, via its API, allows partner organizations – such as banks, IT firms, and other entities – to provide digital insurance products to their customers.
Partner companies may also utilize Lami to handle their own insurance requirements. Users may obtain a quote for auto, medical, or other customized insurance products in seconds using its API.
Users may also tailor the benefits and premiums to meet their specific requirements, ensuring that they get their papers practically immediately and that their claims are paid on time.
More than 5,000 policies have been sold by the business since 2018. Lami also works with a total of 25 active underwriters, including Britam, Pioneer, and Madison Insurance.