Skytek

Marine Aggregate Tool

Real time marine accumulation with Skytek

Skytek has partnered with Aon to develop a platform that addresses the accumulation challenges of underwriting marine risks. The Skytek system, endorsed by the European Space Agency, uses real-time satellite tracking allowing re/insurers to visualise the precise location of their insured risks alongside vessel and cargo information.
What are the benefits for re/insurers?

  • Real-time hull and onboard-cargo exposure analysis for underwriting and reinsurance insights.
  • The addition of loss data to facilitate the development of a robust underwriting tool.
  • Alerts for risk accumulation within predefined zones and key ports.
  • Event footprints to carry out detailed pre and post event analysis.
  • Highlights peak exposures to better inform reinsurance purchases.
  • Ability to track historical movement of individual vessels over a period of up to three years.
 

HOW CAN YOU MANAGE YOUR MARINE ACCUMULATIONS?

 

Contact us to find out more

Eoin Le Masney eoin.lemasney@skytek.com