Increasingly violent and unexpected storms
Global warming is now an undisputed phenomenon. The meteorological events it involves have an impact on all areas. Unfortunately, boating is not spared and it is appropriate for the entire boating sector to be prepared for it. When the damage to the boat is significant, insurance is essential. The leader in yacht insurance, Pantaenius, has taken note of this fact and has chosen to assume this risk by continuing its activity in this field with yachtsmen and professionals, unlike other specialists. "We are facing increasingly violent weather events. They can be short, but strong and in seasons and places where we were not used to, such as in Italy on 29 October 2018. That's why it's important to be well insured," explains Olivier de Roffignac, director of the Monegasque agency in Pantaenius.
The type of boat is also changing. Often more technological, not always well maintained, damaged boats can be expensive to repair. Pantaenius yacht insurance is therefore welcome. "Electronics, which are becoming more and more common on board, are subject to the risk of lightning. Expensive paintings have multiplied" illustrates Olivier de Roffignac.
The concentration of many vessels in the same anchorage and navigation area is also a risk factor. When a boat skids in a crowded bay, it can cause damage to many boats in the surrounding area.
Reflection on innovative solutions
In addition to its conventional insurance policies, Pantaenius is considering innovative tools to improve the safety of its yachtsmen in the face of traditional risks and weather hazards. "We look at tools with trackers and weather applications. We also have discussions with start-ups about the connected boat," concludes Olivier de Roffignac.