HiLo

Maritime industry initiative using risk analysis to reduce fatalities.

HiLo Maritime Risk Management is saving lives in the shipping industry by changing the way companies address risk. HiLo has created a sophisticated statistical model which translates near miss, accident and incident data from their subscribers into a comprehensive risk profile for each company and the HiLo fleet. Armed with this analysis, companies using HiLo analysis can stop catastrophes in their tracks. All reports are anonymised, meaning each customer gets the opportunity to learn from others' experiences without putting their information at risk. HiLo works across multiple asset types, with models currently available for tankers and bulk carriers.

Location: London, United Kingdom

Founded: 2016