FreightWave's Running on Ice Show Recap: Mitigating insurance risk with Parsyl
In this episode of Running on Ice, Michael Niederhauser, VP of Strategic Partnerships at Parsyl, dives into the role of insurance in mitigating risk in the cold chain. He explains how traditional cargo insurance has often been reactive, covering losses after they happen, but data-driven insurance is changing the game—helping businesses proactively reduce risk and cut costs.
Michael also shares Parsyl’s journey from startup to industry leader, discussing how the company uses real-time data, AI and strategic partnerships to offer smarter, more tailored insurance solutions. With new supply chain challenges, evolving trade routes and increasing climate risks, he highlights why leveraging technology in insurance is more important than ever.