We conducted extensive research to assess how Artificial Intelligence, Big Data Analytics, Blockchain and Electrification are transforming the transport sector. We examined the views of 250 CEOs, CTOs and CLOs from Europe, the Middle East and North Africa, Asia Pacific and North America, incorporating perspectives from industry leaders and innovators, as well as legal perspectives from our own experts in Italy, Germany, UK and UAE.
The rules-based system components of AI are a "natural fit" for many transport businesses, particularly marine insurance underwriting given the structured nature of the questions and answers required. In this article we look at AI and its influence on marine insurance.
Blockchain has been hailed as the most disruptive technology in the transport sector since the introduction of the standard shipping container in the 1960s. Today, we cannot imagine shipping without containers. We believe that in the years ahead, the world will look back to the advent of blockchain technology in the same way.