With the encouragement of certain Insurers we undertook to develop a digital platform, an App for Yacht Insurance, Yacht Insurers & Yacht Owners.Providing yacht owners with a tool to record and manage information about their Yacht which directly links to and drives their insurance terms. In the process mitigating risk for insurers through yacht owners having greater awareness of their boats and so improving loss experience, and yacht owners achieving rewards in premium cost and improved coverage.For the insurance industry: establishing a new online intelligent Yacht Insurance facility, utilising the Yacht Owners' App as its knowledge base, will result in Insurers being able to underwrite more profitably through access to live data not currently available to them. Analysis of that data being dynamic, and with future incorporation of AI tools.
For Yacht owners: ultimately intended to act as a Zone on the Phone where they can keep all the information that they need day to day about their boat, information that will stay with the boat for its lifetime, and where they have the ability to interface with their Insurers to provide mutual benefit and enhance safety.
Tasked in 2014 by the Volvo Ocean Race organiser with the design and development of a Rescue Kite for each of the VO65 fleet in the 2014-2015 Edition of the round the world race.
This was the first time that any professional Ocean Racing Yacht had been equipped with a rescue kite, designed to assist reaching a safe port under own power in the event of the mast being lost or control of the swing keel being lost.
The Volvo Ocean Race 2017-2018 Edition VO65s racing yachts once again carried the 'ResQkite' Kits onboard as part of their emergency and safety equipment.
YOTZone continues to be interested in development of the kites and control systems for other classes of boats.