Products + Services
OMRRA
OceanMind Marine Risk Rating API
Reducing the cost to insurers of maritime risk
In today’s ocean, what was unexpected is becoming routine. Rare storms are now regular. For the decade 2013–2023, cumulative insured hull + cargo losses exceeded $25B. Meanwhile, piracy and political unrest are on the rise. And the cost of compliance keeps climbing, along with the stakes.
The OceanMind Marine Risk Rating API (OMRRA) spots dangerous blindspots that traditional tools miss, helping insurers reduce risk and grow revenue — while protecting the ocean.
Benefits
Marine risk data that sees beyond claims
Like a dashcam for the sea, OMRRA captures risky behaviours before they become costly claims.
Risk assessments powered by vessel behaviour
OMRRA uses AI and satellite data to analyze vessel activity in real time and over time — including patterns that often precede losses or regulatory breaches.
Context beyond past claims
Our ratings incorporate risky actions and potential violations, not just past damages — so you can price risk based on what actually happens at sea.
Smarter modeling across portfolios
Use OMRRA to inform underwriting decisions, flag high-risk policies, or monitor portfolios with precision across regions or vessel types.
Compliance with environmental and carbon regulations
Use OceanMind emissions data to assess fleets and insurance portfolios against net-zero targets, while also meeting non-financial reporting mandates such as the EU’s Corporate Sustainability Reporting Directive (CSRD).
Features
- Risk scores based on real-time and historical behaviour
- Detection of risky actions and near misses
- Insight into ESG and regulatory risk exposure
- API delivery for easy integration
- Supports underwriting, pricing, and portfolio monitoring
[Contact us
Mitigate risk with OMRRA.
Learn how OMRRA can help you reduce uncertainty — and build a stronger book.](/content/contact-us/index.html)