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Chaucer and Ceto launch a data-driven marine MGA at Lloyd’s, using real-time vessel data for better risk assessment.
Chaucer and Ceto have launched a new marine Managing General Agent at Lloyd’s, using real-time vessel data from sensors to improve underwriting.
The MGA, backed by Tokio Marine Kiln, evaluates marine hull risks based on current vessel performance via Ceto’s Watchkeeper platform, moving beyond age or historical data.
This data-driven approach enables continuous monitoring and predictive insights, addressing challenges like ageing fleets and rising repair costs.
The initiative aims to enhance risk accuracy, transparency, and underwriting discipline in the marine insurance market.
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Chaucer y Ceto lanzan una MGA marina basada en datos en Lloyd's, utilizando datos de buques en tiempo real para una mejor evaluación de riesgos.