Case Study: Asian Pacific Seafood saves $340K with Parsyl's data-powered cargo insurance

Protecting perishable shipments with data-powered cargo insurance

Asian Pacific Seafood, a specialist in pasteurized crab meat, needed a better way to protect temperature-sensitive imports and manage risk across long ocean shipments. When one of its containers was delayed on the Ever Forward vessel for far longer than normal, the company faced the possibility of a total loss on $340,000 of product.

Parsyl provided an integrated cargo insurance and supply chain monitoring solution with end-to-end temperature tracking. By analyzing shipment data and proving the crab meat stayed within acceptable temperatures, Parsyl helped Asian Pacific Seafood avoid wasting $340,000 worth of product, reduce annual insurance spend by 10%, and gain stronger visibility into shipment conditions.