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Fleet performance monitoring system integrates marine insurance module

Wärtsilä subsidiary Eniram has updated its Eniram SkyLight fleet performance monitoring system to version 3.0, partnering with Concirrus to integrate marine insurance underwriting tools that base insurance calculations on accurate actual operational data.

{mprestriction ids="1,2"}The update to the subscription-based service also adds mobile notifications, regarding speed over ground, speed through water, estimated time of arrival, and charter party compliance.

Also added is a virtual propeller RPM (revolutions per minute) sensing system, which Eniram says does not require integration with other ship systems. This module provides access to propeller RPM data that can be used to improve the accuracy of the speed/fuel curve calculated by the software. 

The partnership with Concirrus will see navigation and situational data supplied by the Eniram software integrated into Concirrus’ marine insurance underwriters’ application, Quest, which is used by marine insurers to manage risks in real time. With accurate, real-time operational data actual risk profiles can be better understood, meaning that customers will pay only for insurance they need.

“We are delighted to establish this partnership with Concirrus. With Eniram’s rich history in serving marine customers, and Concirrus’ proposition for the insurance market, this partnership strengthens both offerings and accelerates market adoption,” said Johan Backas, managing director of Eniram.

“By working together, and through the integration of our products, we shall deliver the world’s first connected marine insurance proposition. It will lower operating costs by actively monitoring vessel performance, by allowing insurers to reduce premiums accordingly, and by providing visibility of the insurance policy conditions and compliance to both shore and ship.”{/mprestriction}

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