Lexology recently published an article, “50 Predictions: Marine, Aviation & Transport and Energy,” that included the following forecast:
Increasing use of autonomous systems potentially beneficial to marine insurers
Ship owners are already introducing autonomous systems to pave the way for crewless vessels. Not only will those systems help vessels become safer, but the data they produce will allow marine insurers to manage their risks better. Maersk, working with Sea Machines Robotics, is testing an artificial intelligence-powered situational awareness system (similar to advanced driver-assistance systems found in cars) aboard one of its container ships. The development of such systems, and the data they produce, is increasing the scope for telematics in shipping. With companies such as Concirrus and Windward helping facilitate the processing of this data, marine insurers can access real-time information about their risks to help augment both the underwriting and claims processes.
To read the full story, click here.