You can set up a U-PIC insurance provider account to insure shipments through it, instead of using the insurance service provided by the selected carrier.
NOTE: Techdinamics has pre-negotiated insurance rates through the U-PIC insurance provider. For more information, please get in touch with your Customer Success Manager (CSM).
Each setup step is covered in the following sections:
A. Onboarding
B. Setting Up an Account
A. ONBOARDING
Before adding U-PIC as an insurance provider and setting up its accounts, you need to become a U-PIC client through Techdinamics:
1. Go to https://u-pic.com/techdinamics-client.
2. Fill out the form.
3. Press Submit.
You will receive a welcome kit at the provided email address. Review and follow its instructions. As a result, U-PIC will send you the API key required for techSHIP integration.
WARNING: Store the API key securely. Do not share or expose it.
B. SETTING UP AN ACCOUNT
To set up a U-PIC insurance account, follow the general process described in How to Add and Set Up an Insurance Provider [Step-by-Step Guide]. When filling out the Account tab, enter the following U-PIC-specific fields:
- API Key: The API key provided by U-PIC during onboarding. Required for system authentication.
- Cost per DVU: The cost charged by U-PIC per Declared Value Unit (DVU). DVUs are always rounded up. This value is then used to dynamically compute your insurance fee.
NOTE: For example, if: - The entered Cost per DVU is $0.3.
- The shipment's declared value is $250.
- 1 DVU equals $100.
Finally, your coverage limit is 3 DVUs = $300, and your insurance fee will be $0.3 x 3 DVUs = $0.9.
WARNING: DVUs are currently calculated in $100 increments. This value may change in the future. Refer to U-PIC’s official documentation for the latest DVU policy. - Parcel limit: The maximum insurable value per parcel under this account, typically aligned with U-PIC’s underwriting limits. WARNING: Shipments that exceed this limit may be only partially covered or denied insurance.
