I don't see anything revolutionary. It looks like she is just using a standard color target under water.
If you shoot in raw and and use a raw processor that works with a reference target like the one below you should be able to do the same.
Colorchecker Classic - Camera & Image Calibration: X-Rite Photo & Video
Yup!
Or, if you're using proper strobes, WB on something on your subject. My order of preference:
1) Suunto Compass Bezel (nearly perfect neutral gray)
2) Atomic Reg Trim (also nearly perfect neutral gray)
3) Scooter Zinc
4) Diving Steel Cylinder
Her whole thing is color without strobes. She needs to get to the GoPro market for mo' money.
- K