Risk Intelligence A/S and MedAire, an International SOS Company, enter partnership agreement to provide comprehensive support to the global luxury yacht market

29 September 2022 | Company announcement No 15-2022

Risk Intelligence A/S and MedAire, an International SOS Company, have signed a partnership agreement giving MedAire's luxury yacht client base access to the Risk Intelligence maritime security intelligence and advisory services.

MedAire and Risk Intelligence have signed an agreement to work together to deliver a market leading offer, helping yachts to reach higher levels of situational awareness within their day-to-day operations, by catering to the industry’s specific needs. The partnership will initially be focused on providing MedAire’s luxury yacht clients with enhanced service options – including access to Risk Intelligence maritime security intelligence, provided by a 24/7 team of global analysts.  

In addition to the digital partnership, MedAire clients will have access to Risk Intelligence’s bespoke advisory services. This involves bespoke reports and security advice, to help yachts to fully understand the most appropriate risk mitigation strategies for journeys, particularly when travelling to more remote destinations.

Through these additional tools, MedAire and Risk Intelligence will provide actionable intelligence to superyachts, and also help them to comply with global standards, such as the International Ship and Port Security Code (ISPS), for Port and Voyage Risk Assessments, Ship Security plans and Ship security officer compliance training.

The partnership will also provide Risk Intelligence with great market insights from clients already working with MedAire and will create a strong synergy between security and health services.

Steven Bates, General Manager, MedAire Luxury Yachts

“Through this partnership, our clients, which include over 50% of the world’s largest superyachts will benefit from an enhanced and fully integrated security and health service. With many yachts preparing to travel outside of the Mediterranean, as the season draws to a close, it presents the perfect opportunity for Risk Intelligence and MedAire to showcase our combined capabilities. We’re confident that our health alerts, country profiles and cultural tips, combined with Risk Intelligence’s maritime-centric content, available through MedAire’s upcoming new client portal will make it easier for captains to fulfil their Duty of Care”.

Hans Tino Hansen, CEO of Risk Intelligence says:

“We are extremely excited to be working with MedAire – the wider partnership has a significant potential and I see a great fit between the reputations and offerings of our two companies. The opportunity to address the luxury yacht market is particularly interesting for us, as MedAire have a dominant market share in this sector which has previously been inaccessible to us. The partnership is a first important step in the new Risk Intelligence 2025 Strategy and a great example of how we can expand markets horizontally together with an important commercial partner. Our combined medical and security-based offering is very complimentary and allows us to work together to provide a unique offer in the luxury yacht world.”

About MedAire

MedAire, an International SOS Company, is a global health and medical assistance service used by over 50% of the world’s largest superyachts and many leading airlines and private jets. They also have offerings catering for offshore and commercial maritime sectors.

For over 35 years MedAire have been ensuring that captains and crew are prepared, capable and confident during medical and security incidents, 24/7/365. They do this through their medical kits, telemedical assistance, training, emotional support, consultations and much more.

For more information about how MedAire solutions can help your captains maintain a happy, healthy crew and guests, visit: www.medaire.com/yachts or follow MedAire at www.linkedin.com/company/medaire

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 client base 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.

For more information on services and the 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

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