logistics-insurance
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TIMBY Found a Business in the Stuff Traditional Insurance Leaves Moving
Cargo, cranes, warehouse inventory and oilfield gear live in the awkward gaps between standard policies. TIMBY built a specialty underwriting shop for those gaps - then sold it without giving up the name on the door.
Otonomi
Otonomi is a New York-based insurtech that sells parametric insurance for cargo delays and disruptions across air, ocean, and e-commerce parcel shipments. Instead of the traditional claims process, its platform uses AI/ML underwriting, real-time shipment tracking, and blockchain-backed settlement to quote in seconds and pay out automatically once a delay crosses a defined threshold - regardless of cause. Founded in 2021 by Yann Barbarroux and Jeremy Sutton, the company targets freight forwarders, shippers, and brokers moving time-critical goods such as pharmaceuticals, perishables, high-tech components, and automotive parts.