Thefts of boats and other vehicles is a growing problem all over Europe. In 2005, in Sweden alone, insurance companies paid out MSEK 200 in compensation for stolen boats and engines. Mobwatcher and NavEye products have effective anti-theft functions approved by several of Sweden’s major insurance companies.

This leads to positive effects for all parties. The insurance companies avoid large payouts and are therefore able to offer security-conscious boat-owners who install Mobwatcher or NavEye products lower insurance costs in the form of discounted premiums and/or a reduced excess.

The boat owner reduces his risk of having his boat stolen, completely ruining his boating season.

NavEye is pleased to be able to offer products that increase security, while also enabling the boat-owner to save hundreds in reduced insurance costs every year.