Global reinsurer SCOR has become the latest leading marine underwriter to tap into state-of-the-art big data systems.

SCOR has signed up with data tecnology company Concirrus’ Hull Market Model, a part of its Quest Marine insurance analytics product.

The Concirrus Marine Hull Market Model uses multiple data sources to help underwriters make better informed decisions.

The company claims it can help insurers improve underwriting performance by between 10% and 25%.