UPS Capital to Provide Insurance Solution for Roadie Shipments
02 Novembre 2015 - 4:00PM
UPS Capital, a subsidiary of UPS® (NYSE:UPS), today announced its
licensed affiliate, UPS Capital Insurance Agency, Inc., will
provide Roadie, Inc., a neighbor-to-neighbor delivery network, with
a parcel insurance solution that will protect items shipped via the
Roadie community with a value up to $10,000.
“While Roadie provides a new way of shipping items, senders
still need to know that their valuable goods are protected during
transit,” said Ronald Chang, president of UPS Capital. “With our
extensive experience in secure transport, UPS Capital provides
Roadie the ability to assure senders that their shipments are
protected. UPS Capital is a leader in using new technologies
and innovative programs to help companies like Roadie protect their
customers’ goods.”
Roadie automatically protects items with a value up to $500 at
no additional charge. Previously, Roadie senders could add an
additional $2,500 in protection for an extra fee of $5 per each
additional $500 in value. Now, Roadie offers senders the
opportunity to protect shipments with up to $10,000 in value under
a parcel insurance policy issued to Roadie through UPS Capital
Insurance Agency, Inc. As a result, Roadie senders can elect
to protect a $5,000 item for only $45.
“With the expertise UPS Capital provides in secure logistics,
Roadie senders have even more peace of mind that their items are
protected,” said Marc Gorlin, founder and chief executive officer
of Roadie. “Giving our senders increased confidence that their
shipments are protected is just one more way the Roadie community
is winning loyal customers and providing another way for people to
ship items.”
Since it launched in January 2015, more than 175,000 people have
downloaded the Roadie app. Roadie drivers have delivered items
ranging from car keys to couches to kayaks throughout the United
States.
For more information about UPS Capital or Roadie, visit
www.upscapital.com or www.roadie.com. Follow UPS Capital on
Linkedin® (https://www.linkedin.com/company/ups-capital) and
Twitter® (@UPSCapital). Follow Roadie on Twitter® (@Roadie),
Facebook® (https://www.facebook.com/roadie) and Instagram®
(https://instagram.com/roadie_app).
About UPS Capital
Nobody understands transportation and logistics like UPS. And
while you’ve probably never thought of a UPS company for financing
and insurance services, the global supply chain expertise of UPS
Capital uniquely positions us to help protect companies from risk
and leverage cash in their supply chains. Insurance companies and
banks can’t say that. UPS Capital and its affiliates have offices
throughout the United States, as well as operations in Asia, Europe
and Latin America. For more information, visit www.upscapital.com,
call 1-877-242-7930, or follow UPS Capital on Linkedin®
(https://www.linkedin.com/company/ups-capital) and Twitter®
(@UPSCapital).
About Roadie
Roadie, headquartered in Atlanta, is an app-based community that
puts unused capacity in passenger vehicles to work by connecting
people with stuff to send with drivers heading in the right
direction. Roadie’s model enables efficient, low cost delivery for
senders and rewards drivers for trips they were already taking.
Roadie is backed by Warren Stephens of Stephens Inc.; the UPS
Strategic Enterprise Fund; Eric Schmidt’s TomorrowVentures; David
Bonderman, founder of TPG Capital; Guggenheim Partners’ Executive
Chairman Alan Schwartz; Square Co-founder Jim McKelvey; the Mellon
Group; former CEO of ISS Tom Noonan, and H. Barton Asset
Management, among others. To learn more about this
neighbor-to-neighbor shipping network, visit www.roadie.com.
(c) Copyright 2015 United Parcel Service of America, Inc. UPS,
UPS Capital, and the UPS Shield are trademarks or registered
trademarks of United Parcel Service of America, Inc. All
rights reserved. Insurance is underwritten by an authorized
insurance company and issued through licensed insurance producers
affiliated with UPS Capital Insurance Agency, Inc., and other
affiliated insurance agencies. UPS Capital Insurance Agency,
Inc. and its licensed affiliates are wholly owned subsidiaries of
UPS Capital Corporation. Insurance coverage is not available
in all jurisdictions. LinkedIn is a registered trademarks of
LinkedIn Corporation and its affiliates in the United States and
other countries. Twitter is a trademark of Twitter, Inc. in the
United States and other countries. Facebook and Instagram are
registered trademarks of Facebook, Inc. in the United States and
other countries.
Kristin DeBates
404-828-4032
kdebates@ups.com
United Parcel Service (NYSE:UPS)
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