The Role of Emerging Technologies in Marine Insurance

Blockchain for Fraud Prevention

Enhances transparency with tamper-proof digital records and smart contract automation.

AI for Risk and Claims

Uses machine learning to assess risks, detect fraud, and speed up claims processing.

IoT for Cargo Monitoring

Offers real-time cargo data to reduce damage, ensure safety, and support underwriting.

Big Data for Predictive Analytics

Analyzes trends to forecast risks and improve marine insurance decisions.

Drones & Satellites for Assessment

Enables faster, remote damage inspections and stronger claim validation.

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