Risk Intelligence A/S welcomes Navium Marine, to the Risk Intelligence System and bespoke intelligence support

7 September 2023 | Company announcement No 26-2023

Risk Intelligence A/S (“Risk Intelligence” or "the Company") has signed an agreement with Navium Marine, providing access to the Risk Intelligence System as well as bespoke operational intelligence support.

Navium Marine are a Managing General Agent, providing specialist marine insurance in the London Market. They are focused on creating a digitally enhanced business blending underwriting, claims leadership and competence with modern day solutions.  With a team of long-standing insurance market professionals, they want to leave a legacy of technical performance and discipline and not just ride underwriting cycles. 

As such access to Risk Intelligence System (MaRisk+PortRisk), brings the very best maritime intelligence to their underwriters to assist them in writing cover for war risks and other complex insurance areas. Risk Intelligence will also provide bespoke reports and monthly briefs to ensure their team has continuous access to all the information they need.

Jim Pascoe, CCO of Risk Intelligence says:
“I am really pleased to be working with Navium Marine, they have a strong reputation in the market, and it gives us an opportunity to work with another marine insurance client who value the excellent work of our analysts, using it to aid their decisions on specific cover and assessing their exposure. The quality of this work and the fact that we are completely independent with no hidden brokerage agendas is very important to both us and our clients”.

Both parties have agreed not to disclose the size of the contract.

About Risk Intelligence
Risk Intelligence is a security risk intelligence provider delivering security threat and risk analysis to clients all over the world via the cloud-based Risk Intelligence System, as well as consulting services. A large part of Risk Intelligence’s clients is maritime, and these clients currently operate more than 15.4% of the global merchant fleet.

With its headquarters in Hellerup (Copenhagen), Denmark, an office in Singapore, and locations in North America, the dedicated staff of Risk Intelligence works in all major time zones to support their clients’ operations. Since 2018, the company has been listed on the Spotlight Stock Exchange in Stockholm. 

The Risk Intelligence System is a digital security intelligence solution developed in close collaboration with global businesses that are established within the fields of shipping, offshore, oil and gas. The digital solution is designed based on insights directly from customers and their needs as well as Risk Intelligence’s experienced security risk analysts and developers’ knowledge of intelligence and assessment needs.

The Risk Intelligence System offers clients a complete picture of immediate, short-, and medium-term security risks for coastal areas, ocean, port, and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area, while at the same time providing 24/7/365 situational awareness with incident reports and alerts. This enables companies to evaluate both current and future security risks in real time and to minimise risks across their operations.

Disclaimer:
Risk Intelligence typically uses press releases to announce new clients or significant expansions of existing client contracts, in accordance with the wishes of those clients. However, there may be other business deals that Risk Intelligence chooses not to or cannot disclose through press releases. All deals classified as MAR will always be announced through press releases.

For more information on services and the Risk Intelligence System:
Please watch our corporate video: Knowing Risk

For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Jim Pascoe, CCO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu

Social media:
Website:         investor.riskintelligence.eu and riskintelligence.eu
Twitter:             twitter.com/riskstaff
LinkedIn:          linkedin.com/company/risk-intelligence
Facebook:        facebook.com/riskstaff