Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 1182778655
iStock 1182778655

The partnership will see Anansi make digital goods-in-transit insurance more accessible to the UK e-commerce industry.

Anansi integrates embedded goods-in-transit insurance into EKM the UK’s largest e-commerce platform

London, Wednesday 3rd May, 9AM GMT: Anansi, the insurtech company, is pleased to announce it has partnered with e-commerce platform EKM to integrate embedded goods-in-transit insurance and offer it to their entire network of e-commerce clients.

The integration will improve the goods-in-transit insurance experience for EKM retailers by offering a digital alternative to carrier liability cover, and help close the industry wide protection gap in which 90% of goods in transit are under or uninsured.

With online sales now making up over one-third of the UK retail market share, delayed, damaged and missing goods continue to rise, regularly impacting retailers and their customers’ experience.  Retailers using Anansi will be able to automatically protect their goods up to the full retail value, avoid cumbersome manual claims experiences, and protect their customer delivery experience.

The new digital service eradicates admin and automates the customer journey from start to finish including an automated claims process for lost and delayed parcels,  triggered parametrically by predefined time thresholds.

Commenting on the partnership, Mark Gilbertson, Channel Partner Manager at EKM, said:

“EKM is constantly on the lookout for innovative technology to assist our network of thousands of independent retailers. Anansi’s automated goods-in-transit insurance will help retailers better protect their goods, bottom line and customer experience.”

Megan Bingham-Walker, Co-Founder & CEO of Anansi, adds:

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

“The Anansi-EKM partnership is the start of an exciting new era for Anansi.  We’re thrilled to be working with the UK’s leading e-commerce platform, EKM, and look forward to the Anansi service alleviating some of the pressures facing many e-commerce businesses.” 

About Anansi

Anansi is an embedded goods-in-transit insurance platform for distribution partners and e-commerce merchants.  Access to the platform is via an embedded API or web application, enabling 3PLs, e-commerce and shipping platforms and marketplaces to offer digital insurance directly to their customers from within their own front-end environments.

It is the only solution, in a $33 billion market, that is automated to offer one-click signup, zero admin and parametrically triggered claims and payouts when a parcel is lost or delayed.

About EKM
EKM is a UK-based E-Commerce website builder. With EKM’s unique Evolution Mode service and Account Managers, EKM helps UK businesses successfully sell online. Since 2002 EKM has helped over 100 thousand independent retailers across the UK and Ireland, servicing small businesses and entrepreneurs from across all business sectors.

Images and further background information

Press Contact
Ben Heath – MVPR

Recent Post: