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flag Chaucer and Ceto launch a data-driven marine MGA at Lloyd’s, using real-time vessel data for better risk assessment.

flag Chaucer and Ceto have launched a new marine Managing General Agent at Lloyd’s, using real-time vessel data from sensors to improve underwriting. flag 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. flag This data-driven approach enables continuous monitoring and predictive insights, addressing challenges like ageing fleets and rising repair costs. flag The initiative aims to enhance risk accuracy, transparency, and underwriting discipline in the marine insurance market.

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