In March Soak Insure brought its first premium-reducing solution with Cyclops Marine technology to market—Sail Fast, Save Money. The visionary use of Cyclops Marine’s load sensors gives race boat owners a reduced premium when they install a sensor. Following a successful launch, Soak Insure is now bringing its next use of Cyclops technology to market—Sail Safe, Save Money. This second solution will bring money-saving rig safety benefits to a new group of sailors—owners of multihull cruisers.
The popularity of multihulls is clear for all to see, their development in luxury and performance allowing them to account for a significant percentage of overall boat sales globally. Cyclops Marine has been working alongside multihull manufacturers to develop risk management technology to help owners and charterers understand when yachts are overpowered, to avoid catastrophic rig failure or worse.
With the Cyclops solution, a smartlink sensor (pictured left) is installed within the mainsheet system, and/or a smarttune on shrouds, monitoring loads with live feedback registered on a smartphone app or onboard displays, data is also logged so the user can look back at load numbers anytime. Real-time loads provide a visual cue to sailors to take action when they get close to overload, helping avoid the worst case scenario, with the added benefit of helping them know when to reef.
Simon Tonks of Soak:
“This takes on board safety measures to new levels of sophistication and reliability. The benefits of accurately managing the rig over anything from hour long family cruises to longer ocean crossings should not be underestimated. As manufacturers begin to install the equipment as standard, it’s logical that insurers work alongside owners to embrace the concept and reward owners with reductions in premiums.”
Soak has negotiated a 10% reduction in insurance premiums for all multihull yachts which have a Cyclops Marine sensor installed. Charter companies have quickly realised the benefits of installing the equipment, managing risks and providing safer environments for their clients.
To take advantage of this offer enquire via email: email@example.com