SkyCell has launched Peace of Mind Insurance, a comprehensive add-on providing coverage of up to US$4 million per container in order to eliminate the risk of product loss.

According to the Swiss manufacturer of temperature-controlled containers, the performance guarantee is backed by a multinational commercial insurance company.

Pharma supply chain parties such as freight forwarders, airlines and packaging companies typically exclude any financial responsibility in case of temperature excursions. SkyCell is the first provider of pharma containers to offer such an add-on.

“We want to give all our clients peace of mind when shipping their sensitive pharmaceuticals and to stop worrying about temperature excursions,” said Richard Ettl, CEO of SkyCell. “On top of providing them with the safest pharma containers in the market, our Peace of Mind Insurance systematically eliminates the financial impact of product loss.”

For every shipment, SkyCell experts use the company’s risk assessment tool to define lane SOPs together with the shipper, freight forwarder and airlines, producing a comprehensive lane risk analysis even for shipments to remote destinations.

“Our SkyCell Transport Planner helps us to identify the risks, mitigate them and insure them,” said Marrie Groeneveld, chief commercial officer at SkyCell. “With our new insurance offering, we want our clients not to have the slightest doubt about the safe transport of their valuable cargo anymore. This is an absolute novelty in our business.”