SkyCell introduces product loss insurance

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SkyCell is introducing a comprehensive insurance against product loss called “Peace of Mind Insurance”, with coverage of up to $4 million per container.

It is backed by a multi-national commercial insurance company, and SkyCell says it is the only provider of pharma containers to offer such a temperature performance guarantee for the transport of temperature-sensitive pharmaceuticals.

It is common practice that players in the pharma supply chain exclude any financial responsibility in case of temperature excursion, leaving the risk to the pharma manufacturer, but the insurance closes the gap.

Richard Ettl, CEO of SkyCell says: “We want to give all our clients a peace of mind when shipping their sensitive pharmaceuticals and to stop worrying about temperature excursions. 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.”

Marrie Groeneveld, chief commercial officer of SkyCell adds: “Our SkyCell Transport Planner helps us to identify the risks, mitigate them and insure them.  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.”