Maritime intelligence firm Pole Star Global has acquired Clearwater Dynamics, a UK-based innovator in real-time maritime risk intelligence and the creator of Coral, a platform for managing marine insurance risk. No price has been revealed for the acquisition.
Clearwater’s Coral platform equips underwriters and brokers with tools to assess, monitor and report exposure to risk in real time.
“This acquisition is a natural extension of our vision. Pole Star Global empowers governments, shipping companies and financial institutions to operate safely and compliantly in an increasingly complex world. Clearwater Dynamics brings the same real-time intelligence to vessel operators and marine underwriters and brokers, creating a seamless, data-rich ecosystem that spans the operational, regulatory and insurance layers of maritime risk,” said Bob Skea, CEO of Pole Star Global.
