Hartford encourages customers in the food industry to deploy RFID temperature tags
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The strategic alliance between Hartford Financial Services Group and Intelleflex is to increase the visibility of perishable food during transportation, thereby reducing waste and helping to reduce insurance premium costs.
Hartford Financial Services Insurance Company recommends that its customers use the Intelleflex RFID system to track fresh produce throughout the entire supply chain. Implement ultra-high frequency (UHF) battery-assisted passive (BAP) radio frequency identification tags with built-in temperature sensors in containers or pallets. Data reading in the entire supply chain is completed by a reader developed by Intelleflex. These two parts are composed of Intelleflex’s XC3 radio frequency identification solution is used to monitor temperature conditions at the tray level.
Intelleflex has established a partnership with Hartford Investment Company, the corporate risk department of the Hartford Group.
Benefits of the system to both parties:
Based on this partnership, Hartford can get more supply chain information about spoiled products from customers. From the customer’s point of view, the use of this system will not only help expand the visibility of the supply chain, and respond to temperature fluctuations in a timely manner, it will also help to get better from the Hartford Insurance Company due to the reduced risk of product damage. Insurance scheme. For example, customers who previously did not meet the insurance contract can be insured due to the implementation of the RFID system.
Alexander McGinley, director of marine underwriting supervising cargo transportation insurance contracts, said: More importantly, by using Intelleflex’s XC3RFID technology, Hartford’s existing customers can afford the reduced insurance premiums. For Hartford Insurance Company, in the event of a claim, the system can obtain valuable data from insured customers.
McGinley said: “If the loss is caused by reasons within the coverage, we will require the insured to provide relevant temperature records during the transportation process. Based on the relevant data provided by the RFID system, we can analyze in more detail the time when the product rotted and the time at that time. custodian.”
The purpose of this partnership is to solve the food waste phenomenon that occurs in the supply chain; according to a 2011 study by the Food and Agriculture Organization of the United Nations, about one-third of the world’s fresh fruits and vegetables It was discarded due to decay during transportation. Intelleflex CEO Pete Mehring said: Most waste is due to food being exposed to too high a temperature or too long before it reaches the consumer, such as food being kept in a warehouse for a long time. Intelleflex’s system reduces waste by obtaining temperature data of the food exposed in the field, warehouse or truck and the time data of the time it is placed in a certain location.
About a year ago, Hartford Insurance Company and Intelleflex Company started a partnership. The former recommended that its customers apply the system to the process of growing, processing, transporting or selling food. McGinley said: Some Hartford customers have started to use Intelleflex’s system, but the details are inconvenient to disclose. The company is very interested in the benefits that RFID technology brings to customers.
Hartford’s Director of Strategic Investment Rohit Bodas said: “We have begun to pay attention to Intelleflex.” Hartford welcomes innovative technologies and solutions that can help customers control risks. They firmly believe that: Intelleflex’s solution can reduce product losses, and it can also reduce insurance claims. “We believe this is an open and innovative model to deal with risks,” he said. He also pointed out: Hartford’s focus is not only on insured companies and products, but also to help customers control and manage risks. “Hartford’s interest is to help cold chain customers avoid losses.”
In the process of cooperation, the goal is to enable users to maintain visibility of the conditions under which products are transported on pallets. For example, after transportation, simply reading the data from the only temperature recorder in the truck does not clearly indicate the temperature of each pallet. Because of Intelleflex’s RFID solution, users can automatically obtain updated information about the environment in which the product is located, even though the product is still in the supply chain.
According to McGinley, the establishment of the cooperation allows Hartford to better understand the origin of insurance claims (when an insurance claim application occurs, the customer will provide the insurance company with data collected by the RFID system). Effective, and the results of trend analysis can help modify potential underwriting policies. The cooperation will also allow users to record the temperature of products throughout the supply chain, thereby reducing disputes between customers and other supply chain members.
McGinley said: For a prospective insurance customer who suffers a large degree of loss due to food decay, the insurance company may recommend that it adopt a way to reduce losses-the Intelleflex system. When the temperature reaches the level of food decay, the insurance company Customers will receive system alerts. “This is a non-insurance business insurance.” For those customers who have already insured, using the system can further reduce losses “and possibly lower their premiums.”
Intelleflex’s RFID system consists of:
Intelleflex’s RFID system includes the company’s TMT8500 temperature tag, a battery-assisted passive (BAP) transponder, which complies with the ISO/IEC18000-6:2010B (Manchester) UHFRFID standard and the EPCGen2 standard. The TMT8500 tag has a built-in sensor that can measure the temperature range from -30 degrees to 70 degrees Celsius (-22 degrees to 158 degrees Fahrenheit), and 60 kilobytes of memory is enough to store up to 3600 temperature readings and time stamps (used in the database) To avoid updating conflicting fields). The label can be placed on a pallet or in a container. During the harvest season, the grower can put the temperature label in a carton.
Intelleflex also provides X3FMR6000 fixed and HMR9090 handheld UHF readers. Both of these models can be used in the piers, trucks or other locations where the agricultural products are produced and transported to the store. The label monitors the temperature of the product throughout the supply process and provides temperature data for distributors, retailers and logistics service providers. If the temperature exceeds the threshold or stays in a location for too long, the system will alert employees (drivers or warehouse clerk) to remind them to take necessary measures before the food rots.
Intelleflex has developed the system in cooperation with several software vendors. The software system is responsible for reading data, sending alarms, and storing temperature information for participants in the supply chain.
McGinley said: “This is a good way for two companies in different industries to benefit their customers.” Hartford initially only recommended customers in North and South America to adopt this solution. As the partnership is in place, The two companies hope to expand this partnership around the world. Hartford’s customers are mainly concentrated in the United States, but its imports and exports come from all over the world.
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