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Ensure essential supply chains with Parsyl Insurance.

We’re the only combined insurance and monitoring solution on the market.

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Better data means we understand the risk. 
Better technology means we help mitigate client risk. 

 

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Save money with
better underwriting
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Avoid claims
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Earn premium
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Speed up payments

Insurance for the foods we eat and the medicines we need.

Parsyl is a Coverholder, a Lloyd’s Syndicate (1796), and the lead on the Essential Consortium. We are focused on insuring essential supply chains, including food and beverage, life science, and pharmaceuticals.

Essential
First ever Lloyd’s Consortium utilizing smart trackers and traditional cargo capacity for food and beverage, life science, and pharmaceuticals.
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Brings Lloyd’s capacity to customers who trade in perishables and non-perishables in the US, Canada, Latin America, and beyond.
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Supports global medical supply distribution, particularly in low- and middle-income countries.
Solutions

Cargo, STP, Stock and Excess Stock, Freight Forwarders Liability, Warehouse Legal Liability and Shippers Interest.

Coverages

All risks of physical loss and damage, including ‘Howsoever caused’ for temperature.

Limits

Up to $55m. Primary, Quota Share, Excess.

Additional Coverage

Delay, Rejection and SRCC Extensions.

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We've got you covered.

2021 Insurance Innovation of the Year_Parsyl

 


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ERMA 2023

 

We keep essential supply chains moving forward.

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Food & Beverage

Fresh, frozen, and everything in between. Ambient, bulk goods and any associated non-perishable commodities.

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Pharma & Life Science

Vaccines, medicines, and other healthcare products. Temperature-controlled, ambient, R&D, and much more. Includes all associated equipment. 

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Not sure if it's within our appetite?

No problem. Book a meeting today with a Parsyl representative to discuss. 

Book a meeting

Working with Parsyl is easy.

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Good risk management deserves to be rewarded.

Asian Pacific saved $340K worth of product with a $12 device and received a 10% insurance policy rate reduction.

Find out how  

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Claims happen.
But we approach the process differently.

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Data provides the full picture.

What went wrong? Who is responsible? And more importantly, how can a claim be prevented in the future?

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We bring clarity to the claims process.

Our approach to claims processing is rooted in transparency and efficiency, with the aim of ensuring that your clients receive fair settlements.

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Recommendations help save your clients money.

Our Customer Success is there every step of the way. The team will help identify areas for improvement by analyzing routes, equipment, packaging, transit modes, and more. Lower risk = Better premiums

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How we paid a same-day claim payment

Learn how Parsyl helped Niceland Seafood identify more sustainable packaging, optimize shipping and receive a same-day claim payment.
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It's time to give your clients a better insurance solution.