IoT solution that leverages sensors on ships for real-time war-risk rating based on real-time data. This allows dynamic price premiums to reflect real rather than assumed risk, and replaces a significant amount of manual work and communication.
"We've served many of the world’s largest shipowners for decades. We expect to revolutionize how war risk shipping insurance is priced and sold, with innovative technology that incorporates real-time satellite ship location tracking. We'll be able to dynamically price premiums that reflect real rather than assumed risk."