Triterras Fintech, a leading fintech company for commodity trading and trade finance, today announced its agreement with Marsh (Singapore) to offer credit insurance through a digitally streamlined process on its Kratos platform.
With over 35,000 colleagues operating in more than 130 countries, Marsh is a global leader in insurance broking and risk management, serving commercial and individual clients with data driven risk solutions and advisory services.
The Kratos insurance module comes as a timely solution as businesses look for digital tools to deal with the paradigm shift brought about by COVID-19. Through the module, Kratos’ commodity traders can now have access to leading insurers, initiate inquiries, get quotes, and sign up for insurance coverage directly on the platform.
“Our agreement with Marsh to provide our traders with digitized access to credit insurance is an exciting development for Kratos,” said Mr. Srinivas Koneru, Triterras Fintech Chairman and CEO. “We believe this module will further enhance the user experience on our platform.”
“The insurance industry will be transformed by digital technologies. Marsh expects the industry to embrace digital transformation to improve operations efficiency, enhance customer relationships and outpace competition,” Ms. Iris Teo, CEO of Marsh Singapore commented.
