Tag: Index Insurance

ARLAS-Cloud® is Gisaia's geoanalytics-ready environment that offers users a geospatial big data solution to easily integrate their data and quickly get exploring and analysing for valuable insights.

FAIR WINS UFO 2021 Challenge

EUROPE UNION Horizon 2020 UFO Challenge

 06 July 2021, Media Release

 

FAIR Consortium,

Media release 06 July 2021

Gisaïa, Skyline Partners, e-Odyn are excited to announce that their consortium won a grant by the European Union’s Horizon 2020 research and innovation programme coordinated by Aerospace Valley. The award was through a tendering process that saw the consortium emerge with top scores for their proposal responding to “Emerging indUstries new value chains boosted by small Flying Objects – UFO” 

The UFO project seeks to develop cross-sectoral industrial value-chains between selected emerging industries, to stimulate new products and services from small and medium enterprises. 

Mr Thaddé Bouchard, the UFO Coordinator at Aerospace Valley shares what got FAIR on the winning list.RE

“Based on a high quality application, the project FAIR presents for UFO a great opportunity to combine new market opportunities with climate change tackling. The parametric products proposed by FAIR, leveraging on advanced scientific and insurance models, represent a highly innovative approach for ship insurance. FAIR proposes a promising solution in contrast with traditional practices of the insurance industry in the marine sector demonstrating how satellite data can foster the value chains of emerging industries.”

The award will allow the consortium to bring together their aggregated technologies to develop and test a parametric index insurance product for the marine sector. Mr Bouchard notes that FAIR put together the right actors to successfully execute the project.

The grant runs between May 2021 – May 2022. After the one year development period, the consortium aims to put a fully transparent risk transfer product that protects ship owners while also benefiting the environment . This will be achieved through full automatiomation of risk calculations based on Earth observation data to cover overlooked aspects of operations.

The consortium, which is made up of marine data specialists, geo-big data analytics experts and parametrics insurance specialists, believes that this project will open up a new revenue stream for Small Flying Objects (SFOs), in high value marine insurance . 

For more details contact 

dolphine.rambaud@gisaia.com

ALSO SEE

UFO’s media release from published here on their website.

 

About the consortium:

eOdyn’s solutions rely on its Omni-Situ ocean dynamics (wind, wave, surface current) measurement technology. It delivers high temporal and spatial resolution, in real-time with virtually global offshore coverage, thanks to machine learning algorithms mining into marine traffic data.

Gisaïa brings seven years of geo-big data analytics expertise, and a robust geo-analytics solution, “ARLASⓇ”. The ARLASⓇ framework has been tried and tested in diverse use cases for geospatial intelligence, especially in Earth observation data value creation. The ARLASⓇ framework already powers INSDEXⓇ, an index insurance technology platform produced and run by Skyline Partners.

Skyline Partner is a UK Insurtech company, specialised in index-based parametric insurance. Our solutions are data & technology-driven and underwritten by top tier international re/insurers with superior ratings. Skyline has developed its own index insurance technology platform INSDEX® and aggregates high-value data from multiple sources.

Index Insurance - Geospatial Intelligence.

INSDEX POWERED BY ARLAS.

 21 September 2020, Media Release

London – Toulouse: 21 September 2020 – Skyline Partners and Gisaïa announce their strategic partnership and the launch of, Skyline’s index insurance technology, starting with Solar.

Solar is a unique index insurance solution by Skyline for renewable solar energy, powered by Gisaïa’s geospatial solution ARLAS that will bring a unique risk transfer and management platform for clients to explore, monitor and insure the lack of solar radiation.

The same data used to pay claims will be used to monitor their risks in full transparency for customers and risk carriers.

Combined with faster and guaranteed payouts, Solar will support project developers and green investors in securing better funding terms and help them manage their risk appetite.

“Gisaïa’s expertise in geospatial big data exploration has been proven in the high-tech space industry. Their ability to deliver high quality geospatial visualisation is unprecedented in the insurance industry. We are very excited to partner with them and bring this unique value proposition. Our shared focus on innovation, technology and data cement this partnership for the long term.” Laurent Sabatié and Gethin Jones, Skyline Partners Co-Founders and Directors.

“Skyline Partners have unique expertise and experience in parametric insurance underwriting. Skyline’s ability to keep up with innovative trends and even become early adopters aligns with our quest to explore new spaces to deploy our ARLAS® framework. We are thrilled to find a partner who shares in our push for excellence and positive customer experiences” Laurent Dezou and Sylvain Gaudan, Gisaïa Co-founders and Directors.

Index-based insurance, whilst already a well-known mechanism, has been slow to emerge as an established risk transfer option by risk carriers and customers.  This is starting to change and index insurance is now accelerating to complement traditional programmes, in markets where cover gaps or exclusions exist, or conditions are tightening.

With Skyline aims at facilitating and spreading the use of index insurance, as an efficient and transparent means of risk transfer with fast and guaranteed access to cash at the occurrence of adverse events.

New upgrades will soon be released, to accompany existing Skyline index solutions for renewable wind energy, agriculture and natural catastrophes. In addition, Skyline has also developed a beta version of index insurance technology for distributors and risk carriers that integrates the same visualisation capabilities, but also index risk modelling, large scale pricing and payout trigger notifications.

By combining Skyline’s index modelling capabilities with Gisaïa’s big data geospatial expertise, the partnership will create a powerful and unprecedented proposition for the insurance industry. It will bring significant value to customers, brokers and carriers to help them comprehend, manage and transfer risks, in line with their specific needs.

 For more details

Contact Skyline to discuss index-based insurance: enquiries@skyline.partners

Additional RESOURCES

Please follow Skyline Partners and Gisaïa for updates on the joint venture:

Follow Skyline Partners on Twitter,  LinkedIn

Follow Gisaïa on Twitter,  LinkedIn

About Skyline Partners

Skyline Partners is a private-equity funded UK insurtech company, focusing solely on index-based parametric insurance. Our solutions are data, technology-driven, and underwritten by top tier international re/insurers with superior ratings. Skyline has developed its own index insurance technology platform and aggregates high-value data from multiple sources. Our initial focus is on Renewable Energy, Agriculture, and Natural Catastrophes, but our ambition is to develop index solutions for all classes and segments. For more information on our vision and solutions, visit www.skyline.partners

About Gisaia

Gisaïa is an expert in geospatial intelligence with experience in facilitating rapid deployment of technology solutions for deeper geospatial-big data analysis. Our ARLAS ® framework is built to serve efficiently: every function is developed to not only support the ease of operations but also, deliver expected results. We have tried and tested the potential of ARLAS ® framework’s versatility in diverse use-cases, with great results. For more information about Gisaia visit: www.gisaia.com and ARLAS: www.arlas.io

Watch demo here: 

Index Insurance: Geospatial Intelligence.

INSDEX POWERED BY ARLAS.

 21 September 2020, Media Release

London – Toulouse: 21 September 2020 – Skyline Partners and Gisaïa announce their strategic partnership and the launch of, Skyline’s index insurance technology, starting with Solar.

Solar is a unique index insurance solution by Skyline for renewable solar energy, powered by Gisaïa’s geospatial solution ARLAS that will bring a unique risk transfer and management platform for clients to explore, monitor and insure the lack of solar radiation.

The same data used to pay claims will be used to monitor their risks in full transparency for customers and risk carriers.

Combined with faster and guaranteed payouts, Solar will support project developers and green investors in securing better funding terms and help them manage their risk appetite.

 

“Gisaïa’s expertise in geospatial big data exploration has been proven in the high-tech space industry. Their ability to deliver high quality geospatial visualisation is unprecedented in the insurance industry. We are very excited to partner with them and bring this unique value proposition. Our shared focus on innovation, technology and data cement this partnership for the long term.” Laurent Sabatié and Gethin Jones, Skyline Partners Co-Founders and Directors.

“Skyline Partners have unique expertise and experience in parametric insurance underwriting. Skyline’s ability to keep up with innovative trends and even become early adopters aligns with our quest to explore new spaces to deploy our ARLAS® framework. We are thrilled to find a partner who shares in our push for excellence and positive customer experiences” Laurent Dezou and Sylvain Gaudan, Gisaïa Co-founders and Directors.

Index-based insurance, whilst already a well-known mechanism, has been slow to emerge as an established risk transfer option by risk carriers and customers.  This is starting to change and index insurance is now accelerating to complement traditional programmes, in markets where cover gaps or exclusions exist, or conditions are tightening.

With Skyline aims at facilitating and spreading the use of index insurance, as an efficient and transparent means of risk transfer with fast and guaranteed access to cash at the occurrence of adverse events.

New upgrades will soon be released, to accompany existing Skyline index solutions for renewable wind energy, agriculture and natural catastrophes. In addition, Skyline has also developed a beta version of index insurance technology for distributors and risk carriers that integrates the same visualisation capabilities, but also index risk modelling, large scale pricing and payout trigger notifications.

By combining Skyline’s index modelling capabilities with Gisaïa’s big data geospatial expertise, the partnership will create a powerful and unprecedented proposition for the insurance industry. It will bring significant value to customers, brokers and carriers to help them comprehend, manage and transfer risks, in line with their specific needs.

 

For more details

Contact Skyline to discuss index-based insurance: enquiries@skyline.partners

Additional RESOURCES

Please follow Skyline Partners and Gisaïa for updates on the joint venture:

Follow Skyline Partners on Twitter,  LinkedIn

Follow Gisaïa on Twitter,  LinkedIn

About Skyline Partners

Skyline Partners is a private-equity funded UK insurtech company, focusing solely on index-based parametric insurance. Our solutions are data, technology-driven, and underwritten by top tier international re/insurers with superior ratings. Skyline has developed its own index insurance technology platform and aggregates high-value data from multiple sources. Our initial focus is on Renewable Energy, Agriculture, and Natural Catastrophes, but our ambition is to develop index solutions for all classes and segments. For more information on our vision and solutions, visit www.skyline.partners

About Gisaia

Gisaïa is an expert in geospatial intelligence with experience in facilitating rapid deployment of technology solutions for deeper geospatial-big data analysis. Our ARLAS ® framework is built to serve efficiently: every function is developed to not only support the ease of operations but also, deliver expected results. We have tried and tested the potential of ARLAS ® framework’s versatility in diverse use-cases, with great results. For more information about Gisaia visit: www.gisaia.com and ARLAS: www.arlas.io

Watch video demo here: