CFC modernises marine kidnap & ransom insurance with live vessel intelligence
This case study explores how CFC uses MarineTraffic to gain real-time vessel visibility and move from one-off transit cover to a dynamic annual model.
Live vessel intelligence allows us to reflect actual activity over the policy period, so pricing is based less on assumption and more on how a vessel is really operating.
Alexander Beaton, Practice Leader for Kidnap, War & Piracy
Marine kidnap and ransom cover has traditionally been arranged voyage by voyage, creating uncertainty for shipowners, brokers, and underwriters — especially when vessel activity doesn't follow a predictable pattern across the year.
CFC partnered with MarineTraffic to access live vessel intelligence throughout the policy period, enabling underwriting decisions based on real trading patterns rather than static assumptions made at inception.
Read the case study to learn how CFC:
- Shifted marine K&R from one-off transit decisions to a broader, simpler annual model
- Aligned pricing more closely with actual vessel activity over the policy period
- Extended the value of vessel intelligence beyond underwriting into live incident response
Track live vessel activity with confidence
Track live vessel activity with confidence
Upcoming Webinar
Navigating Maritime Risk:
Harnessing Data for Effective Risk Management
25 July 10:00 New York / 15:00 London
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