Otonomi is a leader in providing innovative cargo delay insurance solutions for time-critical freight. Leveraging AI-assisted algorithms, the company delivers instant delay quotes to shippers, focusing on protecting financial losses, business interruptions, and consequential damages associated with cargo delays. Their proprietary parametric mechanism ensures a transparent and swift claims process, offering seamless API integration for logistics and insurance brokers. Specializing in industries such as life sciences, perishables, aerospace & aviation, hi-tech, automotive, and specialized transportation, Otonomi empowers businesses to better manage supply chain risks and explore new business opportunities, enhancing client retention and service efficiency.
Logistics companies, freight forwarders, shippers of time-critical cargo, businesses handling temperature-sensitive goods (pharmaceuticals, cold-chain), high-value shipments (semiconductors, automotive parts), and companies seeking to mitigate supply chain risks from cargo delays with fast, transparent claims processing.
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Greg Airel
Founder, Shipping Pilot
Former 3PL Owners & Ecommerce Operators
Otonomi is a blockchain-enabled parametric insurance platform that transforms cargo insurance policies into fast, cost-effective, and transparent digital products. The company specializes in cargo delay insurance for time-critical freight, offering AI-assisted underwriting that generates risk pricing in milliseconds and parametric claims resolution that pays out within 48 hours - 22x faster than industry standard. Their solution covers financial losses, business interruption, and consequential damages from cargo delays, targeting businesses involved in time-critical, expedited, and air freight shipments. The platform features comprehensive API integration for seamless operations and serves industries including pharmaceuticals, perishables, automotive parts, semiconductors, and other high-value cargo sectors.
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