Hurricane warning

With the US National Oceanic and Atmospheric Administration warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon plc, has responded to the needs of marine (re) insurance companies with a new hurricane tracking system, enabling them to evaluate and aggregate at-risk cargo, hull and offshore assets in relation to the “cone” of a storm. The tool provides near real-time access to insured assets such as the global vessel fleet, exploration and production units, storage facilities, and transmission systems operating in hurricane-affected waters. The tool has flexibility to evaluate assets within any cone of uncertainty, howsoever drawn.