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Evolution of Marine Insurance in the Age of Autonomous Ships

Traditional marine insurance policies are designed to cover risks like vessel damage, cargo loss and natural disasters.

Marine Insurance

Marine Insurance

Imagine a massive cargo ship sailing across the ocean without a single human on board. Sounds like a scene straight from a science fiction flick, right? Well, it’s real. Autonomous ships, also known as crewless or self-navigating vessels, are vessels that operate with minimal or no human intervention. They rely on artificial intelligence (AI), advanced sensors and satellite communication to navigate and make decisions in real-time.

While the shipping industry has come a long way, from human-controlled vessels to autonomous ones, it’s a fact that these ships face risks of different nature. This is where marine insurance has evolved to offer comprehensive protection.

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