Industry veteran Arnold Garber has joined forces with Horizon Underwriting Managers and Lombard Insurance to develop a new, fully automated logistics insurance system.Garber, founder of Compu-Clearing, has been in retirement for a few years. According to Paul March, managing director of Horizon Under w riting Managers, Garfin, the newly developed system, will disrupt the industry by enabling forwarders to fully automate insurance. Garber told Freight News it was a project that he had been working on following his decision to sell Compu-Clearing to an Australian major and retire."We encountered numerous obstacles in terms of technology, compliance and tradition. It wasn’t easy to turn this big ship around,” he said. "The new world order will demand multiple numbers of smaller shipments and many will be transported by air."This will see marine insurance (including freight moved by road, rail, sea and air) shift from open contracts to individual shipment insurance needed especially in ad hoc, maintenance or top-up shipments. “Forwarders can now offer goods in transit and marine insurance without phone calls or emails to brokers or underwriters, obtain a quotation instantly, and collect the premium via an online credit card transaction paid directly to the insurer,” said March.The Garfin system supports international, regional and domestic shipments, imports and exports, across all modes of transport. The system itself is self-intuitive and can be operated without training.
