30 January 2023 | Company announcement No 04-2023

Risk Intelligence A/S has signed an agreement with another Lloyd’s underwriter, providing access to the Risk Intelligence System as well as bespoke operational intelligence support.

The agreement with the underwriter will provide full access to the Risk Intelligence System (MaRisk+PortRisk), bringing the very best maritime intelligence to their team 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 the new client to ensure their team has continuous access to all the information they need.

Lloyd’s of London, or Lloyd’s, is a corporate body with roots in the maritime industry that operates as an insurance and reinsurance marketplace. The new client is a major underwriter within the maritime insurance market, based at Lloyd’s, with a focus on the dynamic area of War Risks as well as their broader portfolio.

Jim Pascoe, CCO of Risk Intelligence says:

“Entering agreements with insurance clients is a very competitive process and our previous delivery to this client secured Risk Intelligence the ongoing contract – once again showing the quality of our analysts and advisory teams. So for several reasons, we’re truly delighted to add yet another underwriter to our strong book of insurance clients.

In welcoming our new client onboard, we will be providing our maritime intelligence right into the heart of marine underwriting and into a business that likes to challenge the traditional ways of dealing with war risk cover and other challenging aspects of insurance. We are very much looking forward to working with their team and assisting them in pushing forward.”

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. 

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

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