The world does not stand still and technological developments are moving at an accelerated pace. Increase in productivity, lower operational costs, change of laws and regulations, (semi) autonomous sailing, Internet of Things (IoT), the use of lithium-ion batteries, sustainability, but also climatic changes, have all had an impact or will have an impact on our underwriting results, policy and capacity in our market.
The Inland Hull, Fishing vessels and Yachts Committee (IFY) is committed to inform insurers of this continuous stream of changes, either through the IUMI Eye newsletter or by organising interesting workshops during IUMI’s annual conference and Asia Forum. By taking a proactive stance and being open to changes and developments in this market we aim to create a basis that serves as a foundation for a sustainable and future-proof insurance portfolio.