Space derived insurance linked securities

The TELEKAIROS® service aims at improving the detection and monitoring of risks affecting valuable assets within the EMAC industries (energy, mining, agriculture and construction) working in remote locations. TELEKAIROS is based on a system for advanced analytics of satellite datasets that is capable of recognizing, classifying, and processing context and meaning to interact with financial, operational, and geopolitical data in a friendly information hub. The service mainly targets the insurance companies. However, it also brings a new alternative for risk transformation for institutional investors, industrial conglomerates, private equity funds, policymakers, environmental agencies and NGOs, but also an alternative methodology for insurers and reinsurance companies to reject or accept risks by incorporating satellite monitoring into the underwriting process.