Software company Skytek is investing in an ambitious Research & Development (R&D) programme to develop its new Real Earth platform. The platform assists insurers to proactively monitor risk aggregation and assess loss exposure with the assistance of Earth Observation (EO) imagery and other space technologies.
Irish companies are deploying their expertise in space technology to help in the fight against Covid-19.
Skytek and PMD Solutions (in partnership with Beaumont Hospital) were recently awarded contracts by the European Space Agency (ESA) for cutting edge-projects.
Sanctions-breaching is on the rise, but satellite technology and analytics can protect insurers from undue risk, says Skytek.
New Skytek tool helps insurance companies track marine and offshore assets during 2020 “above-normal” hurricane season
With the National Oceanic and Atmospheric Administration (NOAA) warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon plc, has responded to the needs of marine (re)insurance companies with a new hurricane tracking system, enabling them to evaluate and aggregate at risk cargo, hull and offshore assets in relation to the ‘cone’ of a storm.
NASA award-winning software from Skytek brings benefits of space technology to global marine risk monitoring as sanctions breaches rise to the top of the political agenda.