Data and analytics for marine insurance

An overview of Quest Marine

Watch the short two-minute video below to find out more about how Quest Marine works.

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Write more risk with less risk

Introducing a new business as usual…

Quest Marine Fleets behave very differently.

- They operate in different locations.

- Visit different ports.

- And they travel varying distances at different speeds.

These behaviours and others are indicators of risk.

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How marine insurance works today

Static data, such as average age of a vessel; tonnage; flag etc… gives a limited view of risk. Adding behavioural data, such as average mileage; speed; port inspections etc… gives a much better indication. Especially when viewed across your entire portfolio.

Quest Marine combined static, historic and Concirrus’ exclusive behavioural data. So you can offer connected policies and reward safe behaviour.

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Benefits for the insurance value chain

By combining all of your datasets in one digital platform the insurance value chain benefits from:

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All risk data and insights in one place

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Quicker segmentation and optimisation of portfolios

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Easier identification of new and emerging risks

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Highlighted gaps in cover presenting opportunities for new revenue generation

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Better differentiation of your proposition in the market

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Lower administration costs and improved profits

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Get to grips with Quest Marine

Find out more about the latest capabilities within Quest Marine today by clicking the link below. If you are keen to schedule a demo of the platform for your team you can contact us at any time and a member of the team will reach out soon.

 

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EC2M 4YP

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