Date: Thursday 9 June 2016
Time: 10 am – 13:00
Location: Lower Ground Floor, 88 Leadenhall Street, London, EC3A 3BP
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?
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.
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.
Collaboration on projects is open to workshop participants based on interest.