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The global pandemic and the shutdown of the Suez Canal in March
highlighted the importance of the global supply chain and the risks
involved in shipping goods around the world.
Tracking what happens at sea is a major challenge, however,
innovations in data and technology are now allowing insurers and
businesses to track ship and cargo movements from start to
finish.
Instech's Matthew Grant is joined on Podcast 169 by George
Devereese and Turloch Mooney from IHS Markit, a global data
provider and the primary source of information on vessels being
used for international trade.
The conversation covers how technology is being used in the
real-time monitoring of vessels and the data and analytics IHS
Markit provides to marine insurers to assist with underwriting,
risk allocation, and claims investigation/mitigation.
Talking points include:
The main risks involved in container ship journeys
How sensors are being used to track individual cargo
containers
Using data to forecast global supply chain delays
Partnering with insurers and accessing IHS Markit data
The next steps in supply chain and marine insurance
innovation
