For decades, the cold-chain industry has played a crucial role in ensuring that temperature-sensitive products, from pharmaceuticals to perishable foods, reach their destinations in the right condition. While companies in this sector invest heavily in cutting-edge technology to guarantee the integrity of their products, unforeseen events can still disrupt their supply chain.
With the help of insurance, businesses navigating the cold-chain sector can cover losses due to temperature deviations, equipment malfunctions, or unexpected delays, thereby ensuring peace of mind and smooth operations. However, getting financial protection against the unpredictable in this industry is a difficult and challenging task.
At Figorr, we have always been at the forefront of real-time monitoring solutions, offering businesses the ability to track the humidity, temperature, and location of their temperature-sensitive products. Our mission has always been to minimize operational costs and enhance supply chain visibility.
After carefully working hand-in-hand with businesses in the cold-chain sector, across the continent, we were able to gather information about the challenges being faced in the cold-chain world and one of their challenges is that most business operations are forced to stop due to the lack of insurance protection when unforeseen incidents strikes. That is why we decided to take a giant leap forward by offering insurance coverage specifically tailored to the needs of the cold-chain industry.
What sets us apart is that we leverage the data generated by our real-time monitoring technology to enhance the insurance experience. When a claim is filed, we can access the precise data recorded during the journey of your goods. This eliminates the need for lengthy investigations and guesswork, ensuring claims are processed swiftly and fairly.
We offer insurance policies that cover every risk that can disrupt your business operations, ranging from product waste caused by temperature deviations, accidents, or theft of your commodities while they are in storage or transit, to the breakdown of your cooling facilities.
With our insurance coverage, we aim to create a future where businesses in the cold-chain industry can thrive without hesitation, knowing that they have Figorr watching over their assets.
The cold-chain industry is evolving, and Figorr is evolving with it. Together, we're setting new standards for precision, security, and peace of mind. Join us on this exciting journey as we redefine cold-chain insurance, one policy at a time.