Apollo partners with ZenHedge to launch new parametric Freight Expense Insurance solution
Apollo, a Skyward Group company, has partnered with U.S. insurtech startup ZenHedge to bring to market Freight Expense Insurance, a parametric insurance solution designed to protect U.S. shippers from unexpected freight cost increases caused by freight carriers rejecting bids. ZenHedge’s proprietary platform leverages data pulled from shippers’ transportation management systems (TMS) to assess freight lane…