Programmable logistics insurance
Solvi writes per-shipment cargo coverage through an API, verifies conditions with the IoT data already on the freight, and pays parametric claims in minutes — not months of PDFs and adjusters.
For freight platforms, 3PLs & e-commerce checkouts · backed by A-rated reinsurance
Freight booking is an API call. The insurance on it is a PDF, a broker, and a 60-day argument.
Blanket annual policies overcharge easy lanes and under-cover hard ones. A reefer of vaccines and a flatbed of lumber pay like they're the same risk.
Photos, forms, adjusters, depreciation tables. Meanwhile the shipper has re-made the product, re-shipped it, and eaten the cash-flow hole.
The trailer logged temperature, shock, and GPS the entire trip — and the claims process still asks for a paper bill of lading and a guess.
Quote, bind, monitor, and pay — all in the same API your platform already speaks.
One POST request returns a bindable quote priced on lane, mode, season, and cargo class. Coverage attaches at pickup, expires at delivery.
We ingest the telematics already on the load — temp, shock, humidity, GPS — and hash it at binding so the evidence can't be disputed later.
Define the trigger — temperature excursion, shock threshold, days-late — and payment fires automatically when sensors confirm it. Median payout: 94 minutes.
White-label widgets for freight platforms and e-commerce carts. Your customers add coverage in one click; you take a margin on every policy.
Send lane, mode, cargo class, and value. Get a priced, bindable quote in under 300 ms — with the parametric triggers spelled out in plain JSON.
Bind at pickup and register the load's telematics feed. We hash the baseline so both sides trust the data when it matters.
If a trigger condition is met, funds move automatically and a webhook tells your platform. No trigger, no paperwork — the policy just expires.
median time from trigger event to money moved
required for parametric claims — sensor data is the claim
average premium vs. blanket annual policies on the same volume
“A reefer failure used to mean six weeks of photos, forms, and fighting about whether the temperature log was ‘certified.’ With Solvi the payout hit our account before the truck reached Denver. Our pharma customers now book with us specifically because of it.”
Sandbox keys and the embed widget are free to try. Most platforms quote their first live shipment within a week.
Keys requested — our partnerships team will reply within one business day.