All Industries INSURANCE & RISK

Data-driven cargo insurance. Score risk, price smarter.

Transform fleet telemetry into actionable risk profiles with movement, fire, smoke, and leak detection from LoRaWAN sensors. Automate claims evidence and enable usage-based insurance models — all from one platform.

Traditional cargo insurance leaves money on the table

Inaccurate risk assessment

Underwriting cargo policies without real-time data leads to mispriced premiums and unexpected losses.

15-30% of premiums are mispriced

Slow claims processing

Gathering evidence for cargo damage claims takes weeks of manual investigation.

Average claims cycle: 45-90 days

No usage-based models

One-size-fits-all pricing ignores the difference between well-managed and high-risk fleets.

Low-risk operators overpay by 20-40%

Built for insurance innovation

Real-time fleet intelligence that transforms cargo underwriting, claims, and loss prevention.

AI Risk Engine

Score fleet risk across six factors: delays, temperature, speed, battery, geofence, and signal quality.

Smart Premium Pricing

Map risk scores to premium multipliers for accurate, data-driven usage-based insurance pricing.

Claims Evidence

Automated proof reports with GPS timestamps, sensor data, and route history for instant claims validation.

Movement Detection

LoRaWAN PIR and motion sensors detect unauthorized movement, intrusion, and asset tampering in real time.

Fire & Smoke Detection

Wireless smoke and fire alarm sensors trigger instant alerts to prevent total loss events and speed up response.

Leak Detection

Water leak sensors protect warehouses, cargo holds, and storage facilities from water damage and mould risk.

Risk Trend Analytics

Track fleet risk scores over 30 days to identify improving or deteriorating portfolios.

Loss Prevention Insights

Actionable recommendations to reduce risk scores and prevent losses before they occur.

Real-Time Fleet Visibility

Live map view of insured assets with status, condition, and location updates.

Condition Monitoring

Continuous temperature, humidity, shock, and tilt monitoring for sensitive cargo coverage.

Risk Event Alerts

Instant notifications for fire, smoke, water leak, motion, geofence breaches, speed anomalies, and impact events.

Regulatory Compliance

Auto-generated compliance reports for regulatory filings and audit documentation.

Plug & Play — zero configuration needed

1) Receive Your Trackers

Devices arrive pre-configured for your fleet. No technical setup required.

2) Turn On & Go

Power on the tracker and attach to your vehicle or shipment. It connects automatically.

3) Track in Real Time

Open your dashboard and see live locations, sensor data, and delivery alerts immediately.

Insurance platform pricing

Free hardware with every 24-month plan. Choose by tracking frequency, data, and features.

Select device connectivity to see pricing
Assess
2.95/asset/mo
Billed annually at €35.40/asset/year
Every 5 min 50 MB/mo
  • Fleet risk scoring dashboard
  • Basic claims data collection
  • Device management
  • Mobile app access
  • Email notifications
Free hardware with 24-month plan
Predict
7.95/asset/mo
Billed annually at €95.40/asset/year
Every 10 sec 500 MB/mo
  • Everything in Underwrite
  • Predictive risk analytics
  • Portfolio-level risk aggregation
  • API access & underwriting integration
  • Dedicated insurance analyst
  • Priority 24/7 support
Free hardware with 24-month plan

Estimate your monthly ROI

See how Nordsat impacts premium accuracy, claims processing, and loss prevention for your portfolio.

Tracked assets20
Platform Cost€99.00/mo
Premium Accuracy Gains€960/mo
Claims Processing Savings€700/mo
Estimated Net ROI+€1,561/mo

Why insurers choose Nordsat

Traditional Cargo Insurance

  • Manual risk assessment
  • Weeks-long claims investigation
  • One-size-fits-all pricing
  • No real-time cargo visibility
  • Reactive loss management

Start your insurance intelligence workspace

Create your account and launch live tracking. Billed annually.

Free hardware included with 24-month commitment

Order Summary

Plan:Underwrite
Connectivity:4G/LTE
Assets:5
Monthly Cost:€49.75
Annual Total:€597.00

Frequently asked questions

How does the risk scoring work?

Our AI risk engine analyses six factors — delays, temperature excursions, speed anomalies, battery health, geofence violations, and signal loss — to produce a weighted risk score from 0-100 for each device and fleet-wide.

Can we integrate with our underwriting systems?

Yes. The Predict tier includes full API access for integration with underwriting platforms, policy management systems, and claims workflows.

What is included in the free hardware?

Every plan includes a Teltonika TAT140 GPS tracker, EYE environmental sensor, and a global SIM card with data for 5 years. Hardware is free with a 24-month commitment.

How does usage-based pricing work?

Fleet risk scores are mapped to premium multipliers: Low risk (0.7x), Medium (1.0x), High (1.3x), Critical (1.6x). Lower-risk fleets pay lower premiums based on verified operational data.

Can we offer this to our policyholders?

Yes. We offer white-label and partner programmes for insurers who want to deploy tracking devices to their policyholders' fleets.