In 2017 we engaged with an industry technical review and assessment of the issue of structural failures in yachts, including keels. The conclusion was that action needed to be taken to address and mitigate the ongoing risk.

So we undertook the design and development of a digital platform - an App for boat owners - which was launched in MVP Prototype Version for Beta testing in January 2023. Through this process, and our own testing, we now have a clear vision for the Version 2 pathway. We are now engaged with the insurance industry to move this forward, which will result in Insurers being able to underwrite more profitably through access to live data not currently available to them, analysis of that data being automated, and with future incorporation of Chat GPT and AI tools.

Insurance is at the centre of this initiative.
Boat owners having an easy way to digitally record and access key details and information about their boats, servicing, maintenance and survey reports, all of which will remain with the boat for its lifetime, is part of the solution.
Creating internationally accepted industry standard Survey Protocols and enabling Surveyors to create and record them digitally is another part.
International Yacht insurers recognising the benefits of this increased awareness and being able to incentivise ongoing engagement by boat owners with coverage and premium benefits is the final part. 

Ultimately the App is intended to act as a Zone on the Phone where boat owners have the ability to interface with their Insurers to provide mutual benefit and enhance safety; they can keep all the information about their boat that they need day to day; and also have access to recommended Support Service providers across the yachting industry; and more.