Bristol Startup Scoops Award In Transforming Maritime Risk And Insurance
Bristol-based tech startup Geollect has been announced as the winner of UK Hydrographic Office’s (UKHO) prestigious ADMIRALTY Marine Innovation Programme Challenge.
The award recognises Geollect’s innovation in unlocking access to data which will transform maritime risk and insurance. As the challenge winner, Geollect will collaborate with the UKHO, utilising marine geospatial data and expertise to develop an alpha product for the maritime insurance sector.
Geollect demonstrated how their technology could enrich underwriting, loss prevention and investigation functions for the maritime industry. By unlocking access to this data, these solutions will help experts across maritime insurance to increase awareness of hazards, understand the context for vessel behaviour and build a richer picture of the wider maritime environment.
Cathrine Armour
Biography
As Chief Customer Officer at the UK Hydrographic Office (UKHO), and member of the Executive Board, Cathrine leads the global commercial activity overseeing a 300-strong team, across, customer strategy and innovation, product and service development, sales and business development, marketing and channel operations including customer services to deliver marine data solutions that support safe, secure and thriving oceans.
Cathrine is also responsible in leading the UKHO’s teams as they deliver the organisation’s Public Task of ensuring safety of life at sea and meeting the UK National Security Strategy and defence marine geospatial needs. She represents UK Government at UN-GGIM and is a member of the Geospatial Commission Strategy Group.
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The UK Hydrographic Office (UKHO) has announced that the geospatial intelligence technology provider Geollect has won its ADMIRALTY Marine Innovation Programme challenge.
Launched last year, the program aims to help start-ups and innovators develop new solutions that support safe, secure and thriving oceans. This year’s second innovation challenge focused on
Transforming Maritime Risk and Insurance, tasking entrants with identifying, trialing and proving how marine geospatial data can be used to enhance maritime insurance products.
For the challenge, Geollect demonstrated how marine data sets such as bathymetry, maritime limits and AIS heatmaps, could enrich a number of dashboards that assist with sanction compliance, underwriting, loss prevention and investigation functions.
Geollect wins ADMIRALTY Maritime Insurance Innovation Challenge
The UKHO has announced Geollect as the winner of the second ADMIRALTY Marine Innovation Programme challenge: Transforming Maritime Risk & Insurance
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1 February 2021 For this challenge, Geollect demonstrated how marine data sets could assist with sanction compliance, underwriting, loss prevention and investigation functions.
The UK Hydrographic Office (UKHO) has announced leading geospatial intelligence technology provider, Geollect, as the winner of the second ADMIRALTY Marine Innovation Programme challenge.
Launched last year in collaboration with RE SET, the programme aims to help start-ups and innovators develop new solutions that support safe, secure and thriving oceans. The programme’s second innovation challenge focused on ‘Transforming Maritime Risk & Insurance’, with entrants tasked with identifying, trialing and proving how marine geospatial data can be used to enhance maritime ins