Global insurance trends

ESG: New Technology Could Save on Marine Carbon Consumption

Saving fuel on each marine cargo journey is a piece of data worth noting for insurance brands, as it makes ESG compliance on Net Zero that bit easier. So this new tech called FuelOpt, which […]

Insurance claims

Svitzer Marine Fined £2m After Death of Crewman

Latest case report from the Maritime and Coastguard Agency; A marine company has been fined £2million after unsafe practice led to the death of a crewman. Svitzer Marine Ltd pleaded guilty to failing to operate […]

Lloyd's/London Market

NorthStandard Looking Ahead to A Rated Future

NorthStandard today achieved its first objective of completing its formal launch on the P&I industry’s 20 February renewal date, opening for business by announcing the team to lead it into a new era for marine […]

News

Kpler Buys MarineTraffic & FleetMon Tracking Companies

Kpler, the leading provider of commodities data, analytics, and market insight, announced today that it has acquired MarineTraffic and FleetMon; two providers of global ship-tracking data and maritime analytics. The deal follows an earlier acquisition […]

News

Tokio Marine Picks Up Claims Award

Tokio Marine Kiln (TMK), the leading specialist insurer, has been awarded Gracechurch’s Service Quality Marque for Claims for the seventh year in a row. This coveted annual award is given to businesses that are consistently proven […]

Global insurance trends

Skuld Signs Up For Sustainable Shipping

Skuld, a world leading marine insurer, today announced its continued commitment to sustainable shipping by signing the Poseidon Principles for Marine Insurance. The Poseidon Principles for Marine Insurance are a global framework for assessing and […]

InsureTech

North P&I Launches New Claims App

A new mobile app from North P&I will make collecting evidence on incidents faster, easier and more accurate while enhancing reporting consistency in future claims. Formally launched to market this week, ‘The MRCE Handbook’ app […]

Technology

Concirrus Updates Marine Hull Product; More Data, Sharper Analytics

Concirrus, the leading AI insurtech, has launched the next significant iteration of its Marine Hull Market Model. Ingesting almost three trillion data points and processing over 100,000 historical policies and associated claims, the Model is […]