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Gost® Tracking System Results In Rapid Insurance Claim

Fort Lauderdale, FL – GOST® (Global Ocean Security Technologies), a world leader in marine security, tracking, monitoring and video surveillance systems, announced today that its GOST NavTracker 1.0 tracking system was instrumental in a rapid insurance claim after the loss of a vessel during the catastrophic Category 5 Hurricane Dorian. The storm made landfall on September 1, 2019, and was the most intense tropical cyclone on record to strike the Bahamas.

Owner of the vessel, Andrew Hoyt lost both his vessel, which was secured to a boat lift during the storm and his house on Great Guana Cay, an islet in the Bahamas. Submitting their insurance claim, Hoyt provided pictures of the vessel and a screenshot of the final ping from the GOST system, showing exactly when the vessel was lost. The insurance company issued a 100% payment in an unprecedented two weeks.

“I am a firm believer in the GOST system,” said Hoyt. “While the storm was devastating, we were able to recover our investment quickly by showing the insurance company that we had taken every precaution we could to protect our boat. We have just purchased a new vessel and are already set to install another GOST tracker to protect this one. I would never own a boat again without GOST on our side.”

“Insurance claims during hurricanes can sometimes take weeks, months, even years to be resolved,” said Brian Kane, CTO, GOST. “While the destruction of this storm was terrible, we’re relieved that our NavTracker was able to help Andrew get closure during this difficult time.”

GOST provides users with the peace of mind knowing that the boat is secure, and all its systems are being monitored in real-time. It has a single, easy-to-use dashboard, with real-time messages and alerts to keep owners informed of any potential issues.

For more information on GOST or its full line of security products, contact marketing@gost.com or visit www.gost.com.

About GOST

GOST® – Global Ocean Security Technologies – offers a full line of state-of-the-art wireless security, monitoring, satellite tracking, and surveillance, acoustic deterrent and cloaking systems for any size vessel. GOST systems are designed to protect against theft, fire, smoke, high water, low voltage, loss of shore power and intrusion and notify boat owners and crew immediately when an event occurs on board. As the global leader in marine security technology, our personalized service and innovative technology provides boat owners with complete peace of mind from anywhere in the world. GOST is Always Watching – Never Seen®

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