www.otonomi.ai Open in urlscan Pro
34.249.200.254  Public Scan

Submitted URL: http://otonomi.ai/
Effective URL: https://www.otonomi.ai/
Submission: On May 05 via api from IN — Scanned from DE

Form analysis 1 forms found in the DOM

Name: wf-form-Home-Page-Contact-FormGET

<form id="wf-form-Home-Page-Contact-Form" name="wf-form-Home-Page-Contact-Form" data-name="Home Page Contact Form" method="get" data-wf-page-id="652ec6b7fccb2a030cdecec0" data-wf-element-id="dec3e372-8cc0-b6ef-4102-a584de8622c3"
  aria-label="Home Page Contact Form"><input class="text_field w-input" maxlength="256" name="Full-Name" data-name="Full Name" placeholder="Full Name" type="text" id="Full-Name"><input class="text_field w-input" maxlength="256" name="Email-Address"
    data-name="Email Address" placeholder="Email Address" type="email" id="Email-Address-2"><select id="Company-Type" name="Company-Type" data-name="Company Type" class="text_field w-select">
    <option value="Company Type">Company Type</option>
    <option value="Agency">Agency</option>
    <option value="Claim/TPA">Claim/TPA</option>
    <option value="Insurance Carrier">Insurance Carrier</option>
    <option value="Investor">Investor</option>
    <option value="MGA/Wholesale">MGA/Wholesale</option>
    <option value="Press/Media">Press/Media</option>
    <option value="Reinsurer/Syndicate">Reinsurer/Syndicate</option>
    <option value="Retail Broker">Retail Broker</option>
    <option value="Technology">Technology</option>
    <option value="Other">Other</option>
  </select><textarea placeholder="Comments, Questions?" maxlength="5000" id="Comments-Questions" name="Comments-Questions" data-name="Comments, Questions" class="text_field lrg w-input"></textarea><label class="w-checkbox checkbox-field">
    <div class="w-checkbox-input w-checkbox-input--inputType-custom checkbox_field"></div><input id="Sign-up-for-monthly-newsletter" type="checkbox" name="Sign-up-for-monthly-newsletter" data-name="Sign up for monthly newsletter?"
      style="opacity:0;position:absolute;z-index:-1"><span class="check_label w-form-label" for="Sign-up-for-monthly-newsletter">Sign up for monthly newsletter?</span>
  </label>
  <div class="btn_wrapper mt_xl align-right"><input type="submit" data-wait="Please wait..." class="button dandellion w-button" value="Submit"></div>
  <p class="text_white disclaimer mt_xlplus">All insurance information is provided exclusively by Otonomi Insurance Services, LLC (“Insurance Services”). Insurance Services is currently licensed as an insurance producer in the following states: AR,
    AZ, CO, DE, FL, GA, IL, IN, KY, MD, MA, MI, MN, MS, NH, NJ, NY, OH, PA, TN, TX, WA, and WI. This disclaimer will be updated upon receipt of additional state licenses. Customers from outside those states should inquire with Otonomi as to the names
    of any licensed brokers or producers that can provide insurance-related information for its parametric cargo delay insurance program.</p>
</form>

Text Content

Risk Solutions
For LogisticsFor Insurance Brokers
Industries
Life SciencesPerishablesAerospace & AviationHi-TechAutomotiveSpecialized
Transporation
Case StudiesNewsTeamContact UsRequest a Demo




NEXT GENERATION INSURANCE FOR TIME-CRITICAL FREIGHT

Insure your financial losses, business interruption, and consequential damages
with our cargo delay insurance.

Request a Demo


All insurance information is provided exclusively by Otonomi Insurance Services,
LLC (“Insurance Services”). Insurance Services is currently licensed as an
insurance producer in the following states: AR, AZ, CO, DE, FL, GA, IL, IN, KY,
MD, MA, MI, MN, MS, NH, NJ, NY, OH, PA, TN, TX, WA, and WI. This disclaimer will
be updated upon receipt of additional state licenses. Customers from outside
those states should inquire with Otonomi as to the names of any licensed brokers
or producers that can provide insurance-related information for its parametric
cargo delay insurance program.

OTONOMI PROVIDES SHIPPERS A SIMPLE YET POWERFUL WAY TO MITIGATE FINANCIAL RISKS
ARISING FROM CARGO DELAYS. THROUGH OUR AI-ASSISTED ALGORITHM, WE DELIVER INSTANT
DELAY QUOTES TO TIME-CRITICAL CARGO OWNERS, RIGHT WHEN THEY NEED IT THE MOST. WE
ALSO MADE THE CLAIM PROCESS A BREEZE BY USING A PROPRIETARY PARAMETRIC MECHANISM
WHICH BRINGS TRANSPARENCY AND SPEED TO AN INDUSTRY ALWAYS IN MOTION.

Trusted by our partners globally




FREIGHT DELAY PROTECTION.
EASILY. RIGHT AWAY.

Time-critical, NFO, Expedited and Air freight shipments are incredibly complex
and challenging. Delays happen, disrupting best-laid plans. Actively manage your
business interruption risks from delayed cargo with Otonomi.

Learn MoreRequest a Demo

INSTANT CARGO QUOTES

Get per-shipment and annualized cargo delay quotes via our digital online
platform. Our AI-assisted underwriting engine generates cargo risk pricing in
milliseconds.

LIGHTNING FAST CLAIMS

Claims typically pay out within 48 hours: 22x faster than industry standard. No
manual intervention required from the client. Parametric claims resolution
brings transparency and speed.

SEAMLESS API INTEGRATION

Integration has never been easier thanks to our comprehensive API ecosystem.
Otonomi seamlessly unlocks cost efficient operations, effortless configuration
and swift transactions.


BRIDGING THE GAP ON CARGO DELAYS.

Unforeseen circumstances can happen outside of your control and wreak havoc on
cargo schedules. Insurance policies have historically excluded delays, making
impossible to get claims paid. Cargo delay insurance bridges that gap,
empowering logistics to mitigate supply chain risks, providing peace of mind to
shippers.


AIRCRAFT FUEL SHORTAGES

A sudden fuel shortage can ground planes and interrupt supply chain operations.
Fuel costs added a staggering $20 billion to the airlines operating expenses
since 2019.




SEVERE WEATHER

In U.S. airspace alone, weather can account for up to half of air cargo delays.
Unexpected turbulence also reportedly costs U.S. carriers around $100 million
per year.




AIRPORT SHUTDOWN AND FREIGHT TERMINAL CLOSURES

Unforeseen circumstances like airport closures due to security threats, severe
climate conditions, or unexpected events can wreak havoc on cargo schedules.




NATURAL DISASTERS (EARTHQUAKES, VOLCANIC ERUPTIONS, WILDFIRES…)

Mother Nature can be unpredictable - catastrophic events can have disastrous
impacts on the aviation market. In the U.S. only, estimated aviation losses
attributed to NatCat events exceeded $110 million in 2021.




FAA REGULATORY AND AIRLINE CREW RESTRICTIONS

Sudden changes in regulations or crew restrictions unexpectedly impact cargo
schedules and cause disruptions. Logistics at the airport can be disrupted and
result in financial losses.




AIRCRAFT EQUIPMENT BREAKDOWN

Urgent aircraft breakdown repairs are incredibly frequent. Total costs to the
industry exceed $68 billion annually which massively add expenses to freight
operations bottomline.




CARRIER DISRUPTION AND BANKRUPTCY

Since the onset of the global pandemic, nearly 70 airlines and 200 airports have
gone belly up. Cargo operations get inevitably disrupted causing financial
strains to customers and 3PLs.




AIRCRAFT FUEL SHORTAGES

A sudden fuel shortage can ground planes and interrupt supply chain operations.
Fuel costs added a staggering $20 billion to the airlines operating expenses
since 2019.




SEVERE WEATHER

In U.S. airspace alone, weather can account for up to half of air cargo delays.
Unexpected turbulence also reportedly costs U.S. carriers around $100 million
per year.




AIRPORT SHUTDOWN AND FREIGHT TERMINAL CLOSURES

Unforeseen circumstances like airport closures due to security threats, severe
climate conditions, or unexpected events can wreak havoc on cargo schedules.




NATURAL DISASTERS (EARTHQUAKES, VOLCANIC ERUPTIONS, WILDFIRES…)

Mother Nature can be unpredictable - catastrophic events can have disastrous
impacts on the aviation market. In the U.S. only, estimated aviation losses
attributed to NatCat events exceeded $110 million in 2021.




FAA REGULATORY AND AIRLINE CREW RESTRICTIONS

Sudden changes in regulations or crew restrictions unexpectedly impact cargo
schedules and cause disruptions. Logistics at the airport can be disrupted and
result in financial losses.




AIRCRAFT EQUIPMENT BREAKDOWN

Urgent aircraft breakdown repairs are incredibly frequent. Total costs to the
industry exceed $68 billion annually which massively add expenses to freight
operations bottomline.




CARRIER DISRUPTION AND BANKRUPTCY

Since the onset of the global pandemic, nearly 70 airlines and 200 airports have
gone belly up. Cargo operations get inevitably disrupted causing financial
strains to customers and 3PLs.




AIRCRAFT FUEL SHORTAGES

A sudden fuel shortage can ground planes and interrupt supply chain operations.
Fuel costs added a staggering $20 billion to the airlines operating expenses
since 2019.




MANAGING GLOBAL SUPPLY CHAIN RISK IS UPON US

In recent years, global trade has experienced a major dislocation upon which
existential risks have derailed the movement of time-critical freight
internationally. We estimate that, each year, nearly $50 billion of financial
losses are caused by supply chain disruptions and freight delays. At Otonomi, we
make it a priority to provide cutting-edge data-driven risk management solutions
adapted to the specific needs of this industry.


$6 TRILLION

Goods and assets moved by air every year.


62.1%

Cargo flights are delayed annually.


$50 BILLION

Estimated financial losses due to supply chain disruptions.


0%

Cargo in transit insured against shipping delays.

Learn MoreRequest a Demo


KEY INDUSTRIES EXPOSED TO DELAY RISKS.

Managing cold-chain logistics, transporting high-premium medical devices, and
temperature-sensitive lab specimens require advanced risk solutions. Trust
Otonomi to safeguard your assets against supply chain interruptions, providing
real-time tracking and swift claims resolutions.

LIFE SCIENCES

Cold-chain logistics and the movement of pharmaceutical assets can be incredibly
tricky. Otonomi helps you mitigate financial risks when shipping vaccines, organ
transplants, plasmas and tissues, pharmaceutics, medical devices, and more.

LIFE SCIENCES

Pharmaceuticals, Vaccines, Cold-Chain

PERISHABLES

Our service lineup brings growers and exporters of perishables risk solutions to
offset losses when shipping: produce, flowers, seafood, meats, and many other
temperature-sensitive goods.

PERISHABLES

Produce, Flowers, Meat, Seafood

AEROSPACE & AVIATION

Otonomi offers insurance services to manage shipments in AOG operations,
empowering OEMs, MRO firms, Aviation clients, move critical parts, and tooling,
with peace of mind.

AEROSPACE & AVIATION

AOG, MRO, Parts Suppliers

HI-TECH

In recent years, semiconductors, microchips, high-premium electronics have
suffered incredible supply chain disruptions. In a world, where hardware
shipping volumes have ramped up parabolically, Otonomi gives you a competitive
advantage in hedging delay risks effectively.

HI-TECH

Semiconductors, Electronics, Microchips

AUTOMOTIVE

Line stoppage in automotive manufacturing process can cost millions of dollars.
Delays in transporting critical auto-parts and equipment is not an option.
Otonomi have your back: we help you safeguard your assets and gain transparency
in the process.

AUTOMOTIVE

Automotive Parts, OEM, Manufacturing Lines

SPECIALIZED TRANSPORTATION

Offering freight services for unconventional commodities and goods require
adaptive solutions to face the unexpected. With Otonomi, you can provide
flexible while robust risk products to your clients for a large variety of
sectors: Fine arts, Formula 1, Livestock, Events logistics, and many more.

SPECIALIZED TRANSPORTATION

Livestock, Formula 1, Fine Arts, Trade shows




A PRODUCT LINEUP ADAPTED TO YOUR NEEDS.

You spoke to us about your challenges in managing supply chain risks. We
listened, understood, and developed a solution to address your urgent business
needs.

For Logistics
For Insurance Brokers


FREIGHT DELAY PROTECTION

INSTANT CARGO QUOTES

Get per-shipment and annualized cargo delay quotes via our digital online
platform. Our AI-assisted underwriting engine generates cargo risk pricing in
milliseconds.

0.47
seconds

LIGHTNING FAST CLAIMS

Claims typically pay out within 48 hours: 22x faster than industry standard. No
manual intervention required from the client. Parametric claims resolution
brings transparency and speed.

22x faster
than industry standard

NEW SERVICE TO YOUR LINEUP

Distinguish yourself and offer a new and unique service to your customers. Our
product empowers you to generate new businesses and increase clients' retention.

+9.6%
in new business

SEAMLESS API INTEGRATION

Integration has never been easier thanks to our comprehensive API ecosystem.
Otonomi seamlessly unlocks cost efficient operations, effortless configuration
and swift transactions.

249 hours
saved each year


CARGO+

OPEN CARGO + DELAY BI

Reimagine cargo stock-throughput by complementing open policies with Otonomi's
business interruption and delay DiC insurance your clients have been needing for
decades.

$50 billion
insurance gap unlocked

DIGITAL QUOTE, BIND & CLAIMS

Your clients get instant cargo delay quotes in seconds via our Al-assisted
underwriting. They bind policies in minutes. Get claims paid in hours,
transparently without lifting a finger.

22x
than industry standard

NEW SERVICE TO YOUR LINEUP

Distinguish yourself and offer a new and unique service to your customers. Our
product empowers you to generate new businesses and increase clients' retention.

+9.6%
in new business

CLIENT-CENTRIC EMBEDDED SOLUTIONS

Integration has never been easier thanks to our comprehensive API ecosystem.
Otonomi seamlessly unlocks cost efficient operations, effortless configuration
and swift transactions.

249 hours
saved each year


CASE STUDIES

Once a month, our team of experts deep-dive in mission-critical issues you face
and try to resolve for your customers. We articulate detailed case studies on
those pain points and offer solutions and resources to empower you to manage
those risks effectively.

October 27, 2023

AOG/MRO: AIRCRAFT PARTS

The Aircraft Parts industry totals $68.9 billion globally. The sector demands
the delivery of critical aviation parts through expedited and high-touch
shipping methods. Because of the time-sensitivity and the high-premium
valuations of those parts, shipping delay insurance is a must-have in the space.
The US export aircraft parts into 71 of the largest economies, in a market
depicting sustained growth (5.6%).
Download
September 21, 2023

VACCINES SHIPMENT

Based on country reported data, 2021 global vaccine market supplied
approximately 16 billion vaccine doses (up from 5.8 billion in 2019), with a
value of $141 billion (up from $38 billion in 2019). Air cargo carries the
majority of pharmaceutical and life science products. In fact, they make up 1.9%
of all air cargo volume and contribute 2.6% of total airline cargo revenues,
equivalent to $2.5 billion.
Download
August 24, 2023

FLOWERS BOUQUETS EXPORTS

Flower bouquet exports reached $11 billion globally in 2021, increased by 30.2%
since 2017. Europe exported the most flower bouquets by value with the
Netherlands making up for 51.8% of the export market, followed by Colombia
(15.4%) and Ecuador (8.4%). Because of the incredibly high-touch and
time-sensitivity nature of the transport of bouquets, shipping delay insurance
is a must-have in the space.
Download
October 2, 2023

UNLOCKING THE CONVERSATION ON CARGO DELAYS

In the fast-paced world of logistics, getting shipments delivered on time is the
name of the game. As a logistics firm, you pride yourself on your efficiency,
expertise, and commitment to customer satisfaction. But let's face it, there are
factors beyond your control that can disrupt even the most well-planned
operations. That's where air cargo delay insurance comes into play.
Download



GET IN TOUCH

Our team will reach out to you shortly to schedule time, and discuss how Otonomi
can help your business.

Company TypeAgencyClaim/TPAInsurance
CarrierInvestorMGA/WholesalePress/MediaReinsurer/SyndicateRetail
BrokerTechnologyOther

Sign up for monthly newsletter?


All insurance information is provided exclusively by Otonomi Insurance Services,
LLC (“Insurance Services”). Insurance Services is currently licensed as an
insurance producer in the following states: AR, AZ, CO, DE, FL, GA, IL, IN, KY,
MD, MA, MI, MN, MS, NH, NJ, NY, OH, PA, TN, TX, WA, and WI. This disclaimer will
be updated upon receipt of additional state licenses. Customers from outside
those states should inquire with Otonomi as to the names of any licensed brokers
or producers that can provide insurance-related information for its parametric
cargo delay insurance program.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Next Generation Insurance For Time-Critical Freight



Our Company
 * Risk Solutions
 * Industries
 * Case Studies
 * News
 * Team

Resources
 * Terms & Conditions
 * Privacy Policy
 * Contact us

© 2023 Otonomi. All Rights Reserved.