Windward is in the business of analysis to help people understand maritime risk and therefore take actions to reduce it. Combining the traditional world of shipping with the new world of data, it helps marine insurers boost profitability by quantifying dynamic risk; and enables intelligence agencies, coastguards and law enforcement to protect their national interests by revealing potential threats.
Windward continuously monitors and analyses what ships are doing, including: how they’re navigating; where they’re operating; when they’re operating; what they do in rough weather; and how they manoeuvre in ports. Our models use these vessel operating patterns and behavioural traits to predict the likelihood of the ship having an accident in the year ahead. Windward Insurance is integrated into proprietary technical pricing models, augmenting the underwriting decision process and improving profitability.
Since its founding in 2010, Windward has raised $22.4m from investors, including Aleph, Horizons Ventures, former CIA Director David Petraeus, and former BP CEO Lord Browne of Madingley, who recently joined Windward’s Board of Directors. The company is headquartered in Tel-Aviv, with an office in London