Risk Intelligence A/S: Risk Intelligence partners with NorthStandard to enhance maritime security

Through this strategic collaboration, Risk Intelligence's data will now be accessible to NorthStandard members, providing them with quick and easy access to comprehensive, real-time insights that enhance voyage planning and threat mitigation on a global scale.

Jim Pascoe, Chief Commercial Officer of Risk Intelligence, commented:

"We are delighted to partner with NorthStandard to deliver timely and accurate threat assessment data that supports users in navigating global threats with greater confidence. By integrating our intelligence into NorthStandard's platform, we can offer enhanced insights and robust assessments of terrorism, piracy, stowaways, theft, and more across all major countries, ports, and sea areas."

Colin Gillespie, Global Head of Loss Prevention at NorthStandard, added:

"We believe that incorporating Risk Intelligence's data will significantly enhance our members' safety culture and operational efficiency. The availability of comprehensive threat assessments enables our members to proactively identify and mitigate potential risks, ultimately preventing future losses and improving overall maritime security."

Find out more information about GlobeView and how it can benefit maritime operations here.

About NorthStandard:

NorthStandard is one of the leading providers of global marine insurance products and services across the maritime industries. Established through the merger of North P&I Club and the Standard Club in February 2023 and `A' rated by S&P Global, NorthStandard has premium revenues exceeding US$836 million, free reserves of US$803 million and mutual pool tonnage surpassing 260 million GT. 

From headquarters in the UK and with offices throughout Europe, Asia and the Americas, NorthStandard offers a unique blend of worldwide presence and class-leading expertise across multiple specialist areas, including P&I, FD&D, War Risks, Strike & Delay, Hull and Machinery and ancillary insurance. Its Sunderland Marine and Coastal & Inland divisions also provide cover for owners' fixed premium P&I, fishing vessels, inland waterway and coastal trading vessels and aquaculture. NorthStandard's comprehensive local market and sector knowledge is underpinned by continuous investments in market-leading digital technologies.

NorthStandard is a leading member of the International Group of P&I Clubs (IG) and is fully committed to upholding the shared objectives of its 12 independent member clubs, which provide liability cover for approximately 90% of the world's ocean-going tonnage. 

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 15.7% 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.