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Commercial and Research Applications of Satellite Intelligence in the Marine and Maritime Sector

20/05/2016

Date: 20 May 2016

Location: Plymouth (venue TBC)

This Solution Finding Workshop will address problems posed by our commercial partners.

Problem Statements: Marine Insurance & Vessel 

  • What can be done to improve the economic situation for marine insurance?
  • Where would better understanding improve underwriting prospects?   
  • How can Satellite systems, data and technology meet these needs?

The workshop will discuss the challenges of the Marine Insurance industry in underwriting and evaluating risk. Focusing on validating the challenges of defining risk the workshop will seek to determine ‘macro-level’ satellite-centric solutions from which to identify collaborative opportunities with commercial potential.

The Challenge

While information is available on specific vessel movements and tracking using land-based IAS responders the full picture of all oceans and a complete annual perspective of all vessels and their proximity to land and other vessels is unavailable to date. This information if collated would allow the view of relative risk of type, size, ownership and by shipping route.

Outcome

The workshop will result in a series of macro-solution opportunities being identified. It is anticipated that these opportunities will be taken forward through to Feasibility Study and/or Open Innovation projects.  Collaboration on projects is open to workshop participants based on interest.

For further information and to register, please email a.dean@exeter.ac.uk.

SWCoESA events operate under an Open Innovation model unless otherwise stated. We encourage all attendees to read our Charter prior to participating.

 


The South West Centre of Excellence in Satellite Applications is based in Cornwall with the University of Exeter as the lead delivery partner.
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