MiKargo247
MiKargo247 is a digital cargo insurance provider offering instant, per-trip coverage up to $2 million to freight brokers, third-party logistics companies, motor carriers, and owner-operators via platform integrations.
- Company typePrivate
- Founded-
- HeadquartersHappy Valley, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What MiKargo247 does
MiKargo247 is a digital cargo insurance provider that delivers on-demand, per-trip coverage to freight brokers, third-party logistics providers, motor carriers, and owner-operators. Its core product enables users to obtain up to $2 million in cargo insurance coverage on a per-trip basis, eliminating the traditional lengthy and complex insurance procurement process. The company's underlying technology is a digital-first insurance platform designed for instant policy binding, with the binding flow embedded into third-party freight-matching systems.
The business model is structured around insurance premiums collected through usage-based, pay-as-you-go pricing on per-trip coverage, with subscription-style recurring elements implied in the revenue model. MiKargo247 employs an API-first go-to-market motion, reaching customers primarily through strategic platform partnerships with freight-matching platforms such as 123Loadboard, where carriers can purchase insurance directly within their existing workflow. This distribution approach substitutes embedded platform integration for a direct sales effort, positioning MiKargo247 to scale carrier and owner-operator adoption through its partners' existing user bases.
The company targets a horizontal segment of carriers and owner-operators facing widespread underinsurance in the freight industry. No public revenue figures, funding rounds, management team details, or patent portfolio are disclosed. MiKargo247 is headquartered in Happy Valley, United States, with a workforce of 11-50 employees, and is classified as a private, for-profit entity. The 123Loadboard partnership, announced in November 2025, is the company's primary documented strategic action and the central evidence point for its platform-led distribution strategy.
MiKargo247 firmographics
Firmographics- Name
- MiKargo247
- Website
- https://mikargo247.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MiKargo247 is a digital cargo insurance provider offering instant, per-trip coverage up to $2 million to freight brokers, third-party logistics companies, motor carriers, and owner-operators via platform integrations.
- Ownership category
- akta.pro rank
MiKargo247 industry classification
Industry- Product category
- Commercial Cargo Insurance
- NAICS
- Support Activities for Transportation (488), Freight Transportation Arrangement (488510)
- SIC
- Fire, Marine & Casualty Insurance (6331), Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Cargo Insurance Placement & Policy Administration (All-Risk, ICC A/B/C) (TLACAHAG)
- akta.pro secondary industries
- Claims Management & Cargo Insurance Administration (TLAIANAK), Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)
Keywords
Where MiKargo247 is headquartered
LocationHeadquarters
- HQ city
- Happy Valley
- HQ country
- United States
- HQ region
- North America
Markets served
MiKargo247 business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Cargo Insurance Premiums: Digital cargo insurance provider generating revenue through insurance premiums charged per trip or through subscription-based coverage plans for carriers and owner-operators in the freight industry.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Per-trip cargo insurance coverage |
Go-to-market motion1 record
MiKargo247 product offering
Product offeringCore offering
MiKargo247 provides on-demand, spot cargo insurance to freight brokers, third-party logistics companies, and motor carriers. Its core product is a digital, per-trip cargo insurance offering that provides up to $2 million in coverage per trip, issued instantly through integrations with freight-matching platforms such as 123Loadboard. The offering is designed to address widespread underinsurance in the freight industry by replacing slow, traditional insurance procurement with immediate, embedded coverage access for carriers and owner-operators.
Product overview
MiKargo247 is a digital insurance provider specializing in cargo insurance for the freight industry. The company's core offering is its per-trip cargo insurance product, which enables carriers and owner-operators to obtain instant, on-demand coverage directly through platform integrations. MiKargo247 operates as a technology-enabled insurance provider, integrating its insurance capabilities into freight-matching platforms to address underinsurance in the freight industry.
Differentiator
Problem solved
Functional benefit
Products and services
- Per-Trip Cargo Insurance
Quantifiable outcome
- Users can obtain up to $2 million in insurance coverage per trip
Companies that use MiKargo247
Customer profileSegments1 record
Ideal customer profiles2 records
MiKargo247 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature1 record
MiKargo247 partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 123Loadboardcore123Loadboard, a North American freight-matching platform, has partnered with MiKargo247 to integrate instant, per-trip cargo insurance within the platform. The integration allows 123Loadboard users to obtain up to $2 million in insurance coverage quickly, transforming the traditional insurance process and addressing underinsurance in the freight industry.
Scale indicators1 record
Recent moves4 records
Expansion highlights4 records
MiKargo247 competitors and assessment
Company assessmentBroad incumbents
- Progressive Commercial: Commercial division of Progressive writing commercial truck and motor truck cargo policies for owner-operators and small fleets. Comparable incumbent commercial trucking insurer.
- The Hartford: Major incumbent commercial insurer with established motor truck cargo and small commercial trucking products. Comparable as a broad incumbent offering cargo coverage to the same carrier segment MiKargo247 targets.
- Liberty Mutual: Large global insurer writing commercial trucking, motor truck cargo, and inland marine coverage. Comparable as a broad incumbent with overlapping cargo insurance products in the freight industry.
Emerging players
- CoverWallet: Digital commercial insurance marketplace (acquired by Aon) that simplifies commercial insurance buying for small businesses including trucking. Comparable on digital distribution of commercial insurance to small operators.
- Baymarkets Insurance: Program manager and digital distributor for specialty commercial insurance products, including transportation-related coverages. Comparable as a niche player creating embedded commercial insurance experiences.
Direct peers
- HDVI: InsurTech focused on commercial trucking fleets, using telematics data to price commercial auto and related coverages. Comparable as a tech-enabled trucking insurance provider serving owner-operators and small fleets.
- NEXT Insurance: Digital commercial insurer targeting small trucking businesses with simplified, online-purchased policies including motor truck cargo. Comparable as a digitally-native insurer selling to motor carriers via streamlined UX.
- Loadsure: UK-based InsurTech that offers instant, per-shipment cargo insurance to freight forwarders and brokers via API and platform integrations. Closely comparable on product, distribution model, and target customer to MiKargo247.
Others
- Trovata: Fintech/data platform for corporate treasury and freight cash flow — thematically adjacent as a technology provider enabling digital workflows in freight, though not a direct insurance competitor.
Regional players
- Truckers Insurance Associates: Specialized commercial trucking insurance agency serving owner-operators and fleets with motor truck cargo among its coverages. Comparable as a focused trucking insurance intermediary in the US market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
MiKargo247 social profiles
Digital presenceMiKargo247 financial estimates
Financial estimateRevenue estimate
Valuation estimate
MiKargo247 leadership team
Management profileNumber of profiles
MiKargo247 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MiKargo247 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MiKargo247
What does MiKargo247 do?
MiKargo247 provides on-demand, spot cargo insurance to freight brokers, third-party logistics companies, and motor carriers. Its core product is a digital, per-trip cargo insurance offering that provides up to $2 million in coverage per trip, issued instantly through integrations with freight-matching platforms such as 123Loadboard. The offering is designed to address widespread underinsurance in the freight industry by replacing slow, traditional insurance procurement with immediate, embedded coverage access for carriers and owner-operators.
Is MiKargo247 a public or private company?
MiKargo247 is a private company. It is classified as unknown and is currently operating.
When was MiKargo247 founded?
MiKargo247 was founded in -1. It employs 11 to 50 people.
Where is MiKargo247 based?
MiKargo247 is headquartered in Happy Valley, United States, in the North America region.
How does MiKargo247 make money?
One revenue line is on record: cargo Insurance Premiums.
Who are MiKargo247's main competitors?
Broad incumbents on record are Progressive Commercial, The Hartford and Liberty Mutual. Emerging players are CoverWallet and Baymarkets Insurance. Direct peers are HDVI, NEXT Insurance and Loadsure. Trovata is listed as an others. Truckers Insurance Associates is listed as a regional player.
Does MiKargo247 have an API?
No public API is recorded for MiKargo247.
What industry is MiKargo247 in?
MiKargo247's product category is Commercial Cargo Insurance. Its primary akta.pro industry code is TLACAHAG, Cargo Insurance Placement & Policy Administration (All-Risk, ICC A/B/C), with a secondary code of TLAIANAK, Claims Management & Cargo Insurance Administration. Its NAICS code is 488 and its SIC code is 6331.