Otonomi
Next Generation Insurance for Time-Critical Freight.
Overview
Otonomi is an InsurTech company that offers parametric insurance solutions for the cargo and logistics industry. Their platform uses smart contracts and real-time data to provide automated payouts for delays and disruptions in air and ocean freight. Otonomi aims to make cargo insurance more efficient, transparent, and responsive to the needs of modern supply chains. Their policies are designed to provide rapid financial relief to shippers and logistics providers when time-critical shipments are delayed.
✨ Key Features
- Parametric insurance for cargo delays
- Coverage for air and ocean freight
- Use of smart contracts for automated payouts
- Real-time monitoring of shipment status
- Seamless API integration for partners
🎯 Key Differentiators
- Focus on cargo delays rather than damage
- Use of smart contracts for automated and transparent payouts
- Seamless API integration for logistics platforms
Unique Value: Provides shippers and logistics providers with fast, transparent, and automated financial protection against the risk of cargo delays.
🎯 Use Cases (3)
✅ Best For
- Parametric air freight delay insurance
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Damage to cargo, which is typically covered by traditional cargo insurance
🏆 Alternatives
Otonomi offers a more efficient and responsive solution for cargo delays compared to the often slow and complex claims process of traditional cargo insurance.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Partner tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
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