Redkik

About

Redkik is a global Insurtech company founded in 2020 and headquartered in Easton, Maryland, with additional offices in Finland, Hong Kong, and Brazil. The company specializes in embedded insurance software tailored for the logistics and transportation sectors. By leveraging AI and machine learning, Redkik streamlines complex insurance processes, making it easier for users to acquire coverage. The company offers an embedded insurance platform that allows for one-click insurance purchases through API integration at the point of sale. Initially focused on cargo insurance, Redkik has expanded its offerings to include warehouse, gap, spike, and cyber insurance. Their data-driven risk models enable custom pricing based on multiple data sources, and they operate on a pay-per-use model that aligns costs with actual usage. Redkik serves transport intermediaries, insurers, and shippers, aiming to provide instant and flexible coverage during high-risk periods. The company's growth reflects a shift toward embedded financial services in logistics, emphasizing automation and user-friendly design.