Skytek has launched Satellite Club, a piece of software designed to make satellite imagery more accessible for the insurance industry.
According to the firm, the software will give members access to information derived in real time from satellite images using Skytek’s proprietary technology, augmented with expert analysis, as well as reports and advice on cost-effective tasking and procurement of satellite data.
Dr. Sarah Bourke, CEO and co-founder of Skytek, said: “Satellite imagery is a critical tool for underwriters and claims experts in both assessing risk and dealing with losses. Skytek removes all the complexity and delivers imagery and reports to meet clients’ needs.”
She added: “The Skytek expert team can assist with advice on sophisticated technical issues such as image resolution and type of imagery required.
“Skytek has a deep understanding of space technology and currently supports the European Space Agency with their satellite data calibration and validation projects.”
Skytek has been trying to raise its profile in recent weeks. On 18 February, the company said it estimated the cost to the marine re/insurance market for the fire on the Felicity Ace cargo ship could top $500m.
