Technology Area : Artificial intelligence, Data analytics, Big data, IoT, Software as a Service (SaaS), Telecom
WeavAir was founded by Natalia Mykhaylova, who spent a decade in safety management using the latest technologies in sensors and data systems.
Shipping Insurance premiums totalled over US$30B in 2020, representing an annual increase of 6%. Much of this was due to the opaqueness in dealing with safety incidents, reporting and claims recoveries.
WeavAir solves these issues by
- monitoring, aggregation and standardization of ship data.
- aggregation of risk assessment data across ship owners, managers and insurers from a range of sources including sensors, operation procedures, loss prevention reports and insurance claims.
- providing a comprehensive risk analysis and decision support systems
WeavAir helps the industry assess risks more accurately and simplifies the claims management processes for all parties.