Press release

project44 and Reliance Partners Collaborate to Deliver Real-Time Cargo Insurance Quoting and Purchasing

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Sponsored by Businesswire

project44
announced today a first-of-its-kind integration with Reliance
Partners
to give shippers and logistics providers access to
real-time insurance quotes and the ability to purchase cargo coverage as
they book freight shipments. This solution combines the power of
project44’s Advanced Visibility Platform with Reliance Partners’
insurance brokerage to increase operational efficiency, reduce costs,
and mitigate cargo risk.

Freight damage has a sizable impact on shippers’, logistics providers’
and carriers’ bottom lines every year, be it caused by uncontrollable
weather events or driver oversight. As a result, shippers and logistics
providers are reliant on cargo insurance to protect freight in transit.
Until now, accessing quotes or purchasing insurance has been done
manually – working across various websites or systems and communicating
back and forth via email and phone with potential providers. By
utilizing this new offering, insuring freight is streamlined through an
API integration into a user’s dispatch workflow, saving time and
eliminating redundant paperwork and costly manual processes.

“We built our Advanced Visibility platform to remove inefficiencies from
the supply chain and make the transportation experience easier for
everyone involved,” said Tommy Barnes, president of project44. “The
insurance quote and purchase process is another pain point that our
technology and transportation expertise is able to solve. We partnered
with Reliance for our insurance product launch because they share our
progressive mindset. Together, we’ve built a unique solution that makes
the purchasing of cargo insurance as simple as opting in for flight
insurance when booking travel.”

“The project44 and Reliance teams have decades of experience in the
trucking industry,” said Chad Eichelberger, president of Reliance
Partners. “We understand which improvements will make the largest
business impact to shippers and logistics providers. Our customers can
spend up to 20 minutes per transaction obtaining and reconciling
shipping and insurance quotes and rates. If you expand that out to a
mid-sized logistics provider doing this all day, every day, you’re
talking nearly 1,000 hours a year that this offering can virtually
eliminate. The automation allows our customers to seamlessly handle
hundreds of transactions, and empower opt-in decisions to instantly
purchase primary coverage.”

The insurance product offering is available for trial now. Users access
these capabilities directly via their company’s Transportation
Management System (TMS). This initial offering supports
Less-than-Truckload (LTL) shipments, with additional modes, including
Full Truckload (FTL), to be included in the future.

About project44:

project44 is the world’s leading Advanced Visibility Platform for
shippers and third-party logistics firms. project44 connects, automates
and provides visibility into key transportation processes to accelerate
insights and shorten the time it takes to turn those insights into
actions. Leveraging the power of the project44 cloud-based platform,
organizations can increase operational efficiencies, reduce costs,
improve shipping performance, and deliver an exceptional Amazon-like
experience to their customers. Connected to over 175,000 carriers
worldwide and having comprehensive coverage for all ELD and telematics
devices on the market, project44 supports all transportation modes and
shipping types, including Parcel, Final-Mile, Less-than-Truckload,
Volume Less-than-Truckload, Truckload, Rail, Intermodal, and Ocean. To
learn more, visit www.project44.com.

About Reliance Partners:

Reliance Partners is one of the fastest-growing commercial insurance
agencies in the country. The company has locations in Chattanooga,
Tenn., Birmingham, AL, Chicago, IL, Austin, TX, Milwaukee, WI, Vero
Beach, FL and Victoria, TX with a national client base largely
concentrated in the transportation and logistics space, in addition to a
fast-growing presence in other lines of business insurance. The company
was incorporated in 2009 by a group of individuals with a common goal:
to be the best agency in the insurance industry.