A new study of the benefits of AI-based navigation tools could shape a new business model for maritime insurance that limits premium rises for the best-equipped shipowners.

Broker says insurers should reward tech-savvy shipowners seeking to improve safety and cut losses
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Analysts at Orca AI — an onboard system that helps ships avoid poor weather, congestion and collisions — are working with protection and indemnity club NorthStandard on a plan to use anonymised data from potentially hundreds of ships to quantify the benefits for the industry.