Ozon launched an insurance policy for transport companies

Ozon transport insurance is the first online liability policy on the market with coverage of up to 10 million rubles, the company notes. Most policies can be issued completely remotely: the application is submitted on the website, and the policy itself is sent by email after payment.

The exception is companies with a large fleet of vehicles: they are provided with individual conditions based on risk assessment. Insurance cases for an amount of up to 500 thousand rubles are considered online using scanned documents.

Carriers, freight forwarders and freight forwarders can insure their liability for both cargo and any other transport from Ozon. Ozon transport insurance is on average 40% cheaper than similar offers on the market, the press service reported. Any individual entrepreneur and legal entity can use this product.

The policy was developed by Ozon Insurance and Pari using the white label model. It allows you to compensate losses due to loss or damage to cargo in the shortest possible time and at competitive prices. At the same time, an insurance contract can also be issued for transport that is not related to Ozon.

In the future, the company, together with its partners, plans to launch road transport insurance in white label format, as well as offer CASCO products and medical insurance for heavy truck drivers.

In 2024, the range of insurance products for sellers and owners of order delivery points is also planned to be expanded. Over the next year, Ozon will focus on creating tools to simplify claims and complaints, including personalized service and process automation.

• In March, Ozon announced the launch of a new insurtech business line within the Ozon Fintech financial vertical. The company then announced that it plans to “develop a broad set of insurance services for buyers and entrepreneurs across all areas of Ozon’s business.”
• On July 9, the company submitted an application to Rospatent to register the trademark “Ozon Insurance.” The company did not comment on the details of the upcoming launch or whether Ozon would receive its own insurance license. A market representative simply noted that the details would be announced later.