Over the last two years we have been working with Sea3R a Rotterdam based company that quantifies operational risk for shipping fleets.
Sea3R approached Describe Data to help analyse the large volume of historical data from the global shipping Automatic Identification System (AIS) to provide operational risk assesments and fleet utilisation for their clients.
We became very familiar with AIS data, and developed tools and techniques to analyse it at scale and over long time periods. Although this work was aimed at gving shipping fleets operators an overview of their assest we knew that there would be uses for this analysis in insurance. To this end, last week, we delivered a talk at the Insurance Data Science Conference in London explaining our work.
