{"id":1592,"date":"2022-12-21T12:44:48","date_gmt":"2022-12-21T09:44:48","guid":{"rendered":"https:\/\/blog.torod.co\/torod-and-the-cooperative-insurance-sign-a-joint-cooperation-agreement-to-insure-postal-parcels-for-the-online-store\/"},"modified":"2023-01-31T14:30:45","modified_gmt":"2023-01-31T11:30:45","slug":"torod-and-the-cooperative-insurance-sign-a-joint-cooperation-agreement-to-insure-postal-parcels-for-the-online-store","status":"publish","type":"post","link":"https:\/\/blog.torod.co\/en\/torod-and-the-cooperative-insurance-sign-a-joint-cooperation-agreement-to-insure-postal-parcels-for-the-online-store\/","title":{"rendered":"Torod and the Cooperative Insurance sign a joint cooperation agreement to insure postal parcels for the Online store"},"content":{"rendered":"[mhc_section admin_label=&#8221;section&#8221; transparent_background=&#8221;off&#8221; gradient_background=&#8221;off&#8221; background_color=&#8221;#ffffff&#8221; gradient_style=&#8221;horizontal&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; video_hide=&#8221;off&#8221; video_pause=&#8221;off&#8221; allow_advanced_padding=&#8221;off&#8221; remove_padding=&#8221;off&#8221; force_fullwidth=&#8221;off&#8221; column_paddings=&#8221;padding-0pct&#8221; column_match_heights=&#8221;off&#8221; background_leak=&#8221;off&#8221; background_leak_color=&#8221;#ffffff&#8221; background_leak_size=&#8221;50&#8243; separator_top=&#8221;off&#8221; separator_bottom=&#8221;off&#8221; background_image_size=&#8221;cover&#8221; background_image_repeat=&#8221;no-repeat&#8221; background_image_position_x=&#8221;center&#8221; background_image_position_y=&#8221;center&#8221; animation=&#8221;off&#8221; animation_color=&#8221;#ffffff&#8221; mobile_2_pr_row=&#8221;off&#8221; mobile_reverse=&#8221;off&#8221;][mhc_row admin_label=&#8221;row&#8221;][mhc_column type=&#8221;4_4&#8243;][mhc_post_header admin_label=&#8221;\u0639\u0646\u0648\u0627\u0646 \u0627\u0644\u0645\u0642\u0627\u0644\u0629&#8221; title=&#8221;on&#8221; meta=&#8221;on&#8221; avatar=&#8221;on&#8221; author=&#8221;on&#8221; date=&#8221;on&#8221; categories=&#8221;on&#8221; comments=&#8221;off&#8221; views=&#8221;off&#8221; show_ratings=&#8221;off&#8221; show_excerpt=&#8221;off&#8221; show_share=&#8221;off&#8221; text_orientation=&#8221;left&#8221; text_color=&#8221;dark&#8221; featured_image=&#8221;off&#8221; featured_placement=&#8221;below&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; custom_paddings=&#8221;40&#8243; size=&#8221;30px&#8221; title_bold=&#8221;on&#8221; text_shadow=&#8221;off&#8221; text_background=&#8221;off&#8221; text_bg_color=&#8221;#ffffff&#8221; overlay=&#8221;on&#8221; animation=&#8221;top&#8221; custom_css_post_header_title=&#8221;color: #6510F2;&#8221;] [\/mhc_post_header][mhc_image admin_label=&#8221;\u0635\u0648\u0631\u0629&#8221; show_in_lightbox=&#8221;off&#8221; url_new_window=&#8221;off&#8221; sticky=&#8221;off&#8221; image_mask=&#8221;off&#8221; border_radius=&#8221;11&#8243; align=&#8221;center&#8221; force_center_on_mobile=&#8221;on&#8221; animation=&#8221;off&#8221; hoverfx=&#8221;none&#8221; src=&#8221;https:\/\/blog.torod.co\/wp-content\/uploads\/2022\/12\/%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86%D9%8A%D8%A9.png&#8221;] [\/mhc_image][mhc_text admin_label=&#8221;\u0646\u0635&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;right&#8221; animation=&#8221;off&#8221; custom_css_main_element=&#8221;color: #000000;&#8221;]\n<p style=\"text-align: left;\"><span style=\"font-size: 20px;\"><span style=\"font-weight: 400;\">Torod announced the signing of a joint cooperation agreement with the <\/span><span style=\"color: #690dff;\"><strong><a style=\"color: #690dff;\" href=\"https:\/\/www.tawuniya.com.sa\/\">Tawuniya Insurance Company<\/a><\/strong><\/span><span style=\"font-weight: 400;\"> to provide postal parcel insurance services for online stores. This facilitates obtaining compensation in the event of damage or loss of the parcel. The agreement contributes to increasing the number of shipments of precious commodities and raises the level of insurance culture in the postal services sector.\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400; font-size: 20px;\">This also ensures appropriate insurance coverages that meet the needs of the postal sector, reflecting the objectives of the Kingdom&#8217;s Vision 2030, which aims to make the Kingdom a leading global logistics platform.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400; font-size: 20px;\">The increasing growth in the e-commerce movement recently in the Kingdom, which in turn increased the shipment of postal parcels locally and internationally. The agreement builds upon the continuous efforts to support e-commerce in the Kingdom and contribute to the risk management tools associated with it.\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400; font-size: 20px;\">The agreement provides insurance service to electronic stores through the Torod Platform after linking it to the (TOROD API) feature. This service can be activated in record time without linking, programming, and building orders related to shipping and delivery. Torod API provides flexible technology, including:<\/span><\/p>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 20px;\">Provide a simple API, and with a one-time connection, the platforms will connect with all shipping service providers in the region<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 20px;\">Standardize tracking terminology and provide a platform-specific tracking page supported by API technology<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 20px;\">Automate the process of selecting and assigning shipments by product type, freight company performance, coverage area, and added services<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 20px;\">Obtaining a payment matching system upon receipt speeds up the collection process to reach collection in less than two days.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 20px;\">Access to shipping and delivery companies that serve express and refrigerated freight<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 20px;\">Get detailed reports regarding shipping, returns, payments, and customers<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400; font-size: 20px;\">It is worth noting that the Cooperative Insurance Company was established in 1986 AD as the first national company licensed in the Kingdom of Saudi Arabia to practice various types of insurance per the cooperative principle permitted by Sharia. The success of Tawuniya in the field of insurance extended to 35 years. During this time, it was able to enhance its insurance competitive advantages and the quality of its services to become the first choice for all sectors of insurance customers.<\/span><\/p>\n<p style=\"text-align: left;\">[\/mhc_text][mhc_display_social_media_share admin_label=&#8221;\u0623\u0632\u0631\u0627\u0631 \u0627\u0644\u0645\u0634\u0627\u0631\u0643\u0629&#8221; share_content=&#8221;on&#8221; type=&#8221;icon&#8221; style=&#8221;border&#8221; use_color=&#8221;on&#8221; color=&#8221;#ffd706&#8243; share_color=&#8221;#4FD4FF&#8221; show_loveit=&#8221;off&#8221; twitter=&#8221;on&#8221; facebook=&#8221;off&#8221; pinterest=&#8221;off&#8221; linkedin=&#8221;on&#8221; gmail=&#8221;off&#8221; buffer=&#8221;off&#8221; yahoomail=&#8221;off&#8221; whatsapp=&#8221;on&#8221; telegram=&#8221;on&#8221; line=&#8221;off&#8221; skype=&#8221;off&#8221; outlook=&#8221;off&#8221; icons_alignment=&#8221;left&#8221; column=&#8221;four&#8221; show_share_mobile=&#8221;off&#8221; 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