Ramon Insurance

What Ramon Insurance does

Ramon Insurance (legal name: Ramon International Insurance Brokers, Inc.) is a privately held, direct-to-customer cargo and freight insurance brokerage incorporated in February 1982 and led by Iris Arden. The firm operates from headquarters in Lake Success, NY and a second office in Aventura, FL, serving USA and Canada with global reach into worldwide ocean and air freight corridors. Its product portfolio spans six insurance lines—air cargo, domestic trucking, marine cargo, logistics, excess cargo, and shipping insurance—structured across three policy types: single shipment, open cover (continuous shippers), and annual policies, with optional Full Value Protection. Coverage limits extend up to $15 million per truck, vessel, or aircraft, and the company insures over $10 billion in cargo annually across 21,000+ customers.

The company's competitive technology is a proprietary online insurance certification platform launched around 2009—the first of its kind in the U.S. and Canada—that enables instant electronic certificate issuance and real-time shipment tracking. The platform operates 24/7 through username/password access at portal.ramonins-usa.com, with quote generation in under 60 seconds and policy issuance typically in 15 minutes for same-day shipments. Claims are processed in under one week with 24-hour status updates. The firm underwrites in-house with direct contracts to A+ rated insurance carriers, eliminating middleman markups and granting direct access to wholesale rates.

Ramon's go-to-market is direct-to-consumer with no intermediary layer, combining self-service online quoting with phone-based licensed agent support (888-441-4435 toll-free). Revenue is generated through insurance commissions and premiums across transactional (single shipment, excess), recurring (open cover), and annual policy structures. Customer segments span freight brokers, 3PLs, trucking carriers, importers/exporters, manufacturers, project cargo managers, and occasional shippers, with growth driven primarily through referrals and organic search. The company is privately held with no disclosed external investors or parent ownership.

Name

Ramon Insurance

Legal name

Ramon International Insurance Brokers, Inc.

Website

https://ramonins-usa.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

101–250 employees

Short description

Ramon Insurance is a privately held direct cargo and freight insurance broker serving freight brokers, 3PLs, trucking carriers, importers/exporters, and manufacturers across the USA and Canada via a proprietary online certification platform, insuring over $10 billion in cargo annually since 1982.

Ownership category

akta.pro rank

Product category

Freight and Cargo Insurance Brokerage

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Ocean Marine Insurance (Hull, Cargo & Freight) (FSAJAHAA)

akta.pro secondary industries

Commercial Auto & Fleet Insurance (FSAJAMAB), Umbrella & Excess Liability (Fleet/Transportation) (TLABANAG), Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)

Keywords

• Freight insurance brokerage
• Cargo insurance
• Marine cargo insurance
• Shipping insurance
• Transportation insurance

Headquarters

HQ city

Aventura

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Freight and Cargo Insurance Premiums: Ramon Insurance acts as a direct insurance broker selling cargo and freight insurance policies. Revenue is generated through insurance premiums charged to customers, with the company providing direct wholesale rates from insurers without intermediary markups.
2. Single Shipment Policies: One-time individual shipment coverage from origin to destination, generating premium revenue per shipment with no upfront fees or obligations.
3. Open Cover Policies: Ongoing policy for regular shippers allowing declaration of shipments via online submission or certificate issuance 24/7, providing recurring premium revenue from frequent customers.
4. Annual Policies: Annual policy covering all inbound and outbound shipments for domestic trucking, ocean transport, or air transport under one annual policy, providing predictable recurring premium revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Ramon Insurance is a direct freight and cargo insurance broker that underwrites in-house and binds cargo policies backed by A+ rated carriers, issuing electronic insurance certificates via its proprietary online platform in minutes. It sells single-shipment, open-cover, and annual policies covering domestic trucking, ocean marine, and air cargo with limits up to $15M per shipment, pricing at direct wholesale rates without intermediary markups. The offering is targeted at freight brokers, 3PLs, logistics providers, motor carriers, manufacturers, importers, exporters, and project cargo managers across the U.S. and Canada.

Product overview

Ramon Insurance operates as a direct cargo and freight insurance brokerage, offering a unified platform of insurance products through its proprietary online certification system. The portfolio consists of six core insurance products—Air Cargo Insurance, Domestic Trucking Insurance, Marine Cargo Insurance, Logistics Insurance, Excess Cargo Insurance, and Shipping Insurance—which are complemented by three policy types (Single Load, Multiple Loads/Open Cover, and Annual Policy) and add-on coverage options such as Full Value Protection. All products are underwritten directly without intermediaries, with instant certificate issuance capabilities and coverage limits up to $15 million per shipment. The company insures over $10 billion in freight and cargo annually across nationwide and worldwide shipments.

Differentiator

Problem solved

Functional benefit

Products and services

• Air Cargo Insurance Comprehensive coverage for time-sensitive shipments moving via air, protecting against physical loss or damage during domestic and international air transit, issued with electronic certificates suitable for customs clearance.
• Domestic Trucking Insurance Coverage for shipments moving across USA and Canada, protecting full truckload, partial load, or high-value project cargo from pickup to final delivery.
• Excess Cargo Insurance Additional insurance coverage up to $15 million per truck that steps in when shipment value exceeds a carrier's primary cargo coverage, protecting high-value loads from gaps in primary coverage.
• Logistics Insurance Excess and gap coverage for high-value shipments when primary coverage is insufficient, including full value protection and spike insurance for sensitive or high-exposure loads.
• Marine Cargo Insurance All-Risk ocean marine cargo protection for international shipments, covering physical loss or damage while in transit worldwide, including containerized freight and project cargo.
• Shipping Insurance General shipping insurance covering goods against loss or damage during transit, with coverage up to $15 million per shipment across multiple transport modes.
• Single Load (Shipment) Insurance One-time policy offering coverage for a single individual shipment from origin to destination, with instant coverage and no upfront premiums or obligations, certificate generated in under 15 minutes for same-day shipments.
• Multiple Loads (Open Cover) Insurance Open freight policy for clients insuring shipments regularly, allowing declarations via online submission or instant certificate issuance through the website 24/7 with monthly billing cadence.
• Annual Policy Yearly policy covering all shipments inbound or outbound for domestic trucking, ocean transport, or air transport under one annual agreement, with no per-shipment declarations required and predictable recurring premium revenue.

Quantifiable outcome

• Instant coverage certificate issuance in under 60 seconds
• +4 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Loadsure: Digital freight/cargo insurance platform providing instant quote-and-bind for shippers and freight forwarders. Directly comparable to Ramon's instant certificate model targeting 3PLs, freight brokers, and trucking companies.
• CoverWallet (an Aon company): Digital insurance broker offering instant online quotes for commercial lines including transportation and logistics. Competes with Ramon's direct-to-consumer online brokerage model for SMB and mid-market freight customers.
• Next Insurance: Digital-first commercial insurance provider serving small businesses with instant online binding. Overlaps with Ramon's SMB-focused, self-service insurance distribution for trucking and freight operators.

Broad incumbents

• Marsh Commercial: Large commercial insurance broker within Marsh McLennan offering cargo, marine, and logistics insurance among many other lines. Comparable as a freight insurance provider but operates at much larger scale and broader product portfolio.
• Aon: Global insurance brokerage providing marine cargo, freight, and logistics insurance solutions to enterprise clients. Comparable in product category (cargo/marine insurance) but vastly larger and serving enterprise accounts Ramon cannot reach.
• Willis Towers Watson: Global insurance and reinsurance broker with a specialty in marine cargo and logistics coverage. Comparable in cargo insurance product offering but operates at enterprise/global scale vs Ramon's SMB focus.
• Burns & Wilcox: Specialty insurance wholesale brokerage and underwriting manager with marine/cargo capabilities. Comparable as a specialty insurance intermediary in cargo and freight risk placement, though with broader specialty lines.
• Progressive Commercial: Commercial insurance arm of Progressive offering commercial auto, trucking, and cargo coverage to small/mid-market trucking companies. Comparable in serving the trucking and freight customer base with online binding.
• RPS (Risk Placement Services): Specialty insurance wholesale distributor placing complex commercial risks including cargo and marine. Comparable as a specialty broker serving excess and surplus lines freight/cargo placements.
• Hiscox: Specialty insurer and online broker serving small businesses with commercial insurance, including transportation and logistics. Comparable in providing online commercial insurance to SMB freight operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ramon_Insurance
• Facebookfacebook.com/RamonusaInc
• LinkedInlinkedin.com/company/ramon-international-insurance-brokers-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ramon Insurance