As global risks worsen the marine insurance sector faces challenges that must be met by new and innovative technologies. By deploying satellite data in real time alongside predictive analytics derived from key historical information, Skytek React Marine Aggregate Tool works to combat growing threats, from sanction breaches to extreme weather conditions.
Customisable alerts and reporting can be configured to show live vessel activity in any zone of interest, be it a restricted area or zones susceptible to hurricanes and typhoons, as well as suspicious or risky activity.
React Marine Aggregate Tool leverages historical voyage information for up to three years to learn the most commonly-used routes for navigation and identify potential deviations towards sanctioned areas, while advanced AIS ‘spoofing’ identification technology is used to determine when a vessel is transmitting incorrect location details by identifying messages without GPS coordinates through to checking reported position against signal validation.
The same React technology can be used to monitor vessel behaviour in extreme weather zones, including tracking vessels in or near the cone of storms. Users can view their portfolio of vessels within the cone, as well as a global view, and set risk thresholds to be alerted for excessive accumulations across, with alerts given by either accumulated value or number of vessels.