Marine Cargo Brokers Get One Platform for Billing
Businesses insured through marine cargo brokers may see declarations, invoicing and insurer reporting handled in a single system as the platform expands.
Updated on Nov. 2, 2026 in Insurance
tigerlab has launched tigerlab Brokerage, a broker management platform for marine cargo insurance, which is now processing live business in five of the more than 30 countries in its brokerage network.
Why it matters
Marine cargo brokers have spent significant time moving the same shipment and premium information between emails, spreadsheets and separate systems, and a single marine cargo open cover can involve thousands of shipments a year. Consolidating declarations, invoicing, insurer reporting, sanctions screening and due diligence into one workflow is aimed at reducing that duplicated effort across the brokerage network.
Five of more than 30 countries in the brokerage network are currently live on the platform. The four connected ledgers cover client premiums, insurer payables, broker commissions and insurance taxes.
The players
tigerlab
A technology provider whose broker management platform is now used by insurance brokers to handle marine cargo placements, billing and insurer reporting.
The details
The platform brings shipment declarations, invoicing and insurer reporting into a single workflow, so the same information does not have to be entered more than once. Each transaction is posted across four connected accounting ledgers, which keeps client premiums, insurer payables, broker commissions and insurance taxes aligned as business moves through the system. Sanctions screening and customer due diligence are built into the binding process, so required checks are completed before cover can be bound. The platform also lets separately regulated offices in different countries operate within one system.
Timeline
- 2026-11-02
tigerlab publicly announces the launch of tigerlab Brokerage
Money Landscape
Back-office costs in specialty commercial insurance are shaped by how many separate systems brokers must reconcile for each placement. Platforms that consolidate declarations, billing and regulatory checks are one way the sector is trying to reduce that administrative load.
For most households this platform will have no direct effect on premiums or coverage, since it operates on the broker side of marine cargo placements. Businesses that ship goods under marine cargo coverage may over time see changes in how their policies are administered, and anyone with a commercial insurance question should ask their broker or a qualified insurance professional.
The takeaway
Administrative software can change how a business's insurance is handled behind the scenes even when the policy itself stays the same. If your business relies on marine cargo coverage, it is worth asking your broker how any new platform affects billing and reporting.
Further reading
For background on how commercial insurance policies are structured, see the Insurance section.
Source note: This article includes information reported by Maritime Logistics Professional.
