One Platform to Manage your Global Portfolios in Real Time
Using satellite technology for the modern insurer
Why choose Skytek REACT?
• SATELLITE IMAGERY & BIG DATA COMBINED • TAILOR YOUR RISK SELECTION
• GLOBAL RISK AGGREGATION • REAL TIME ASSET TRACKING
• RAPID PRE/POST LOSS ASSESSMENT • ESG TOOLS • COMPLEMENTS MODELLING
"The Skytek system is important to the mission for three fundamental reasons. It further ensures the safety of our astronauts and enhances the efficiency in which they can carry out procedures. Also, its use of XML technology will represent a cost savings for ground personnel by making procedure changes easier to implement."
Chair, Operations Data File Control Board, ISS operations,
“Following the ESA’s support, it is rewarding to see a practical application of science to the insurance industry – and in turn supporting re/insurers globally to have confidence in the protection of their assets.”
Piera Di Vito
European Space Agency,
“A true game changer. The perfect solution where technology supports and enhances the role of the insurer to add value, identify opportunities and ultimately improve profitability and growth”
Head of Marine & Energy Composite Global Re Speciality
"The Skytek system is important to the Columbus module for three fundamental reasons. It further ensures the safety of our astronauts, enhances the efficiency in which they can carry out procedures and its use of XML technology will represent a cost saving for ground personnel by making procedure changes easier to implement.”
Columbus Operations Manager
"ICHEC is working with Irish technology company Skytek to provide an archive for the European Space Agency for Sentinel and other data. A portal will provide archived products, real-time data and on-demand processing for public sector and commercial users in Ireland.”
Director, Irish Centre for High-End Computing (ICHEC)
"By equipping our crews with the latest technology, we can avoid delays and ensure that injured parties are getting the best possible care. This system means that our firefighters have access to key plans on their way to incidents and at the scene of accidents."
Dublin Fire Brigade
“This is an excellent example of how space technology can benefit society. This technology has been rigorously tested under extreme situations for reliability. By harnessing these developments, huge leaps can be achieved in efficiency, safety and in saving lives”
Technology Transfer Programme
European Space Agency,
“While there can only be three prize winners, the remarkable achievements of all the women who entered the contest deserve great recognition. They worked very hard, took risks and may sometimes have faced setbacks, but they got back up again and persevered to fulfil their visions. This is the kind of spirit we need more of in Europe. These outstanding women are an inspiration to other researchers and entrepreneurs, female and male alike.”
EU Commissioner for Research, Science & Innovation
“As part of Aon’s commitment to Data & Analytics, this InsurTech partnership is focused on using innovative technologies to enhance risk management practices. As part of our development partnership, we will be taking the analysis beyond cargo and hull marine aggregation to also weave in business intelligence functionality using clients’ own data.”
Head of Marine & Energy Composite Global Re Speciality
One Insurance platform to manage your global portfolios.
REACT allows users to define geographic regions of specific interest, enabling real-time examination, analysis and exploration of regional activity, with specific types of assets tracked as required.
REACT supports powerful automation of the region monitoring process, allowing users to ask to determine areas of high activity and exposure across the globe.
REACT accesses a diverse range of data from sources including AIS (Automatic Identification System), SAR (Synthetic Aperture Radar), EO (Earth Observation) optical satellite imagery, VMS (Vessel Monitoring System), and RFM (Radio Frequency Monitoring), ensuring accurate and complete representation of exposure on land and at sea.
Acting as a central repository for asset data, including moving assets historical tracking, REACT allows users to make informed decisions based on facts, backed up by significant amounts of data and state of the art aggregation analysis. REACT helps users understand behavioural patterns, identify trends and perform comparison and benchmarking on a global basis, quickly identifying areas of potential interest for future asset deployment using visual data including heat maps.
REACT integrates severe weather events and other catastrophes datasets and information to provide pre-and post-event analysis capabilities. With the ‘ground truth’ sourced from the latest Earth Observation satellite imagery, users can monitor and track assets affected by events as they unfold.
Visible and radar (SAR) satellite data are tasked pre and post-event for automatic detection and identification of changes, allowing users to efficiently receive information about the status of their assets in the immediate aftermath of the event, empowering them to make informed decisions.
REACT analyses years of terrestrial and satellite AIS data to create monthly heat maps of traffic density, performing visual analyses such as overlaying monthly clusters of aggregation and wind distribution maps. The data provides critical support for developing feasibility studies for wind farms.
Further enhancing information gathered using AIS vessel data, Skytek combines aggregation data with Earth Observation satellite imagery received and images for the regions being monitored. The platform allows for a complete picture of vessels in an area independent of AIS, cloud cover and whether the satellite image was taken day or night. By combining these images with aggregation data, REACT can provide additional analysis of all vessel activity at a particular time regardless of whether vessels have AIS tracking devices.
REACT is a valuable resource to assist users with environmental compliance obligations, providing insight on environmental risk factors for the specific areas of interest and parameters to be monitored.
Factors such as understanding sensitive marine areas, such as fishing grounds, empower users with information to identify and select suitable locations for development and document the associated feasibility studies.
REACT is a seamless, fully integrated end-to-end solution for accumulation monitoring for over 200 ports worldwide, providing the ability to monitor accumulations both on vessels docked in a port and cargo stored at a port. Through a proprietary combination of vessel analytics, port modelling and Earth Observation analysis, freight volume and value can be determined and provided to the user.
The Earth Observation analysis uses the latest state of the art machine learning technology to automate the extraction of information from images retrieved from EO satellites of ports being monitored. The service provides the capability to identify and monitor cargo movement patterns over time quickly, such as vehicle storage terminal usage, and post a significant event to determine potential loss within a port region.
REPORTS & CASE STUDIES
Skytek Report: California Oil Spill
On the evening of October 2nd, 2021 Beta Offshore reported a crude oil release near its ...
Skytek Update Report: Typhoon Chanthu
Chanthu has rapidly increased with sustained winds of 155mph from a tropical depression ...
Skytek Update Report: Hurricane Larry
The 12th and the 3rd major storm of this season, Hurricane Larry reached category three ...
Case Study – Usage of Earth Observation imagery to detect illegal dumping
The Sentinel series of satellites are part of the European’s Commissions Copernicus ...
Case Study – Beirut
On 4th August 2020, a large amount of ammonium nitrate stored at the port of the city of ...
Case Study – Hurricane Season 2020
On 27th August, one of the largest storms of 2020, Hurricane Laura made landfall across ...