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Lord Browne of Madingley
24 April 2018Insurance

Maritime risk startup adds former BP CEO to board

Windward, an Israel-based maritime risk analytics startup has appointed former BP CEO Lord Browne of Madingley to its board of directors.

Browne joined BP in 1966, rising to become CEO, a position he held from 1995-2007. He invested in Windward in 2016, since when he’s been advising the company on strategy, including its push into London and the global marine insurance market.

Windward aims to keep the oceans safe and protect maritime borders. Combining the traditional world of shipping with the new world of data, it helps governments reduce the trafficking of arms, drugs and people; and saves lives by predicting and preventing accidents, according to a statement. Windward is tackling these maritime challenges with data science, AI and deep domain expertise. Since its founding in 2010, the company has raised $22.4 million from investors including Aleph, Horizons Ventures, former CIA Director David Petraeus, and Tom Glocer, the ex-CEO of Reuters.

“Windward is a company I have admired for a long time: for its vision; for the way it collaborates with organizations to solve real-world problems; and for using its technology to make the world - and the oceans – safer,” Browne said. “I look forward to working with Windward to help it succeed in becoming the benchmark for marine risk,” he added.

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