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Your Supply Chain Software news feed!

Featured Posts

  • LLR Partners Invests in Supply Chain Management Software Leader Magaya Posted last month

    Magaya Corporation announced an investment from LLR Partners, a middle market private equity firm committed to creating long-term value by growing its portfolio companies.

  • Mapping Out Growth: Wholesale & Distribution Companies Posted last month

    A walkthrough of some key steps and insights for Wholesale and Distribution companies that are looking to grow in 2019.

  • 3PL Industry Trends in 2019 | Webinar Posted last month

    Logistics software designed for 3PL's day to day responsibilities. Watch this webinar to explore how the 3PL industry trends for 2019 are changing the industry and what you can do to grow your business with these trends. Learn how to leverage these trends to take your business to the next level. Map out your growth according to the trends that affect you and your customers.

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Increase Your Revenue with Magaya Insurance


Did you know you can offer your customers cargo insurance and manage it directly in your Magaya system?

Let’s start with the question everyone wants to know: how much does it cost?

Cost of Insurance

Insurance for cargo is based on rates. Magaya Insurance Services offers a variety of rates, depending on the origin and destination and the commodities. For example, sending approved general merchandise from one approved country to another can be as low as 12 cents per $100 USD of cargo value. There are very few unapproved countries, and that list changes based on many factors such as the political and economic environment in a country. But don’t worry: Shipments to unapproved countries can still be insured; they just require what’s called a “special project.” Certain terms and conditions would apply. A Magaya insurance agent can review the details with you.

Increase Your Revenue

Processing insurance through your Magaya shipment gives you an easy way to maximize your revenue per shipment. The markup you set is all profit for you.
Your Magaya system includes a place to configure and save your settings such as the amount of your resale markup, and our system even saves a copy of the insurance declaration right in shipment. We also have an online portal available 24/7. We will cover these options in this series of insurance articles.  

Stay tuned for more insurance articles with tips – from the basics to insurance terms and conditions – so you and your employees can feel confident when talking to your customers about the benefits of insuring their cargo. We’re here to help you.

Don’t miss the opportunity to increase your revenue by adding insurance to the services you offer to your customers. Make sure your customers know you can help them with insurance so they don’t go elsewhere and pay someone else for a service you can provide. Insurance is available directly in your Magaya system. See how easy it is to use by calling (786)363.0050. 










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