Shenzhen, China – [27/04/2025] – Shenzhen GWO Technology Co., Ltd. is providing technological empowerment for a groundbreaking new insurance product jointly launched by Huatai Insurance Group and global insurance leader Chubb. The new offering, “GWO Antu – Cross-Border Shipping & Overseas Warehouse Insurance“, is the first of its kind to deliver a one-stop cargo protection solution for cross-border e-commerce shipments and overseas warehousing periods in major global markets.
Leveraging GWOTech expertise in the cross-border e-commerce sector, this innovative solution combines advanced technology and resources to offer a fully online, streamlined insurance service, addressing key cargo risk management challenges and offering significant convenience for businesses and consumers alike.
Addressing Critical Pain Points to Safeguard Cross-Border Sellers
With the rapid expansion of cross-border e-commerce, the overseas warehouse model has become the preferred route for businesses looking to expand globally. However, lengthy transportation and storage processes expose goods to considerable risks—ranging from damage and loss in transit to accidents at warehouses—posing significant financial threats to sellers.
In response, GWOtech, combining its digitalization strengths with Chubb’s extensive global insurance expertise, has introduced “GWO Antu,” covering common risk scenarios such as shipping delays, cargo damage, and return disputes. This empowers merchants to minimize operational risks while boosting consumer confidence in cross-border shopping.
Comprehensive Risk Coverage and Innovative Product Design
The “GWO Antu” insurance provides full-process protection for shipments from China to major overseas warehouses worldwide, including:
- Transportation Coverage: Comprehensive protection across sea, air, and land transport, with coverage periods up to 150 days for sea shipments.
- Warehousing Coverage: Full compensation for accidental losses within 60 days after goods arrive at overseas warehouses.
- Support for Non-Invoice Purchases: Coverage for goods without invoices up to 50% of their e-commerce platform sales price, addressing insurance difficulties faced by small and medium-sized sellers.
Furthermore, the premium is uniformly set at 1.5% of the insured value, offering a significant price advantage. The insurance operates independently from logistics providers and warehouse operators, eliminating potential disputes over responsibility.
Executive Comments
“We aim to make insurance an invisible safety net within the cross-border e-commerce ecosystem, rather than a maze of complicated clauses,” said Daniel Ma , CEO of Shenzhen GWOTech.
Wingson, Head of Digital Business for Chubb Asia Pacific, added: “Digitalization and scenario-driven innovation are the future of insurance services. We are committed to continuously deepening our understanding of user needs to make protection simpler and more intuitive.”
About Chubb
Chubb Limited (NYSE: CB) is one of the world’s largest publicly traded property and casualty insurance companies and the largest commercial insurer in the United States. Listed in 1984, Chubb operates in 54 countries and regions with a service network covering over 170 markets. With a market capitalization exceeding $100 billion and a robust financial performance, Chubb remains a top choice for global investors.
About GWOTech
Dedicated to providing digital solutions for cross-border e-commerce, Shenzhen GwoTech has powered the GWO-Antu product with strong big data capabilities. By analyzing detailed backend sales and ERP-driven product flow data, GWO enables insurers to accurately assess claims, ensuring fast underwriting and easy claims settlement, significantly enhancing the efficiency and quality of insurance services.
This strategic partnership marks a major step forward in improving the cross-border e-commerce service chain. As more innovative products are introduced, entry barriers for small and medium-sized businesses are expected to decrease, while the consumer experience in cross-border shopping will be greatly enhanced, injecting fresh momentum into the industry’s growth.