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Insurance verified Verified Outcome TRL 9

IoT-Integrated Cargo Quality Insurance

domain Client: Global Logistics / Seafood Exporter handshake Provider: Parsyl schedule Deploy: 2020-Present
91 Impact
Enterprise Ready
Evidence Score: 5/10
Strength: High

Executive Summary

ANALYST: COI RESEARCH

Deployment of 'sensing-as-a-service' insurance where smart trackers monitor cargo temperature/shock, resolving spoilage disputes instantly with data-driven claims.

rate_review Analyst Verdict

"Transforms marine insurance from a reactive financial product to a proactive quality assurance tool. The integration of hardware (sensors) with the policy (coverage) eliminates the 'truth gap' in supply chains."

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Full Audit Report Available Includes Risk Register, Technical Specs & Compliance Data.

warning The Challenge

Traditional marine cargo insurance is binary (lost vs. arriving) and slow to settle claims for spoilage (e.g., thawed seafood, spoiled vaccines). Determining *when* and *where* damage occurred involved lengthy disputes between carriers, ports, and shippers. The lack of granular data meant insurers priced high to cover uncertainty, and clients suffered brand damage from bad product reaching markets.

psychology The Solution

The insurer provides proprietary low-cost sensing devices placed directly in the cargo. These measure temperature, light, and humidity. The policy is linked to this data; if temperature thresholds are breached (e.g., vaccine warms above 8°C), the data serves as the proof of loss, triggering rapid payout. The data also identifies specific weak points in the logistics chain.

settings_suggest Technical & Deployment Specs

Integrations
Logistics Platform
Deployment Model
Hardware + SaaS
Data Classification
Sensor Data
Estimated TCO / ROI
Bundled with Premium
POC Summary (2018 to 2019)

"Piloted with seafood exports."

shield Risk Register & Mitigation

Risk Factor Severity Mitigation Strategy
Sensor Failure Low Redundant sensors in high-value loads.
Data Integrity Medium Encrypted sensor storage.

trending_up Impact Trajectory

Audited value realization curve

Claims settlement reduced from weeks to days Verified Outcome
Primary KPIGranular visibility into cold chain breaches
Audit CycleReduction in total product waste

policy Compliance & Gov

  • Standards: International Trade Laws
  • Maturity (TRL): 9
  • Evidence Score: 5/10
  • Data Class: Sensor Data

folder_shared Verified Assets

description
Verified Case Study
PDF • Version 1
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Technical Audit
PDF • Audited
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Security Architecture

The "Blind Verification" Protocol

How we verified these outcomes for Global Logistics / Seafood Exporter without exposing sensitive IP or identities.

Private
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1. Raw Evidence

Audit ID: #PRIV-552
Evidence: Direct SQL Logs
Public
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2. Verified Asset

Outcome: Verified
Ref ID: #COI-552

Strategic Action Center

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