Insuring Transit of Cash, Gold and Valuables is inherently high due to the risks involved.
Risk of robbery is high
High security costs are required to keep the risks low
No transparency for Insurers
The InsurTech solution is created by integrating on-demand insurance, high security bags and smart mobile technology.
Any valuables transported using the hi-tech security bags are insured instantly without the need for any paperwork.
Our risk management and customised artificial intelligence reduces the need for additional manpower and armed guards during transit.
Our smart mobile application makes it possible to assign, operate, monitor and complete trips.
This InsurTech solution can reduce the operational and risk costs for the entire industry transporting Cash, Gold and Jewellery.
Client logs in to our platform to request for Transit Insurance coverage by stating the type and value of goods to be transported.
Our Intelligent system will quote the Transit Insurance solution costs depending on the risk exposure of the trip. Our system will also state the security requirements and the suitable Jaguar bags to be used to transport the valuables.
Once client accepts the terms, the bags will be dispatched to the client. Once the client receives the bag, they can use our mobile application to assign trips to their staff, monitor the trips and remotely grant access to the recipients.
We are certified as a Singapore InsurTech provider by the Singapore Fintech Association.