WEDNESDAY, JAN. 4: The Catlin Group is now better equipped than ever to handle piracy on the high seas.
Bermuda-headquartered Catlin on Wednesday announced it has formed a partnership with two specialist risk management consultancies that will enhance the services it offers to clients with hijack, kidnap, extortion and wrongful detention exposures.
The partnership with Drum Cussac and Compass Risk Management began on January 1.
Peter Dobbs, head of Catlin Asset Protection, said the new partnership is designed to ensure that “our clients have access to the highest-quality response, prevention and maritime intelligence service, 24/7 wherever they operate.”
He said over the past decade Drum Cussac has developed an international reputation for its understanding of maritime protection supported by a dedicated Maritime Operations Team and a purpose-built response centre based in Poole, UK.
Jeremy Stampa Orwin, managing director of Drum Cussac, said: “We are excited to be working with Catlin and Compass and look forward to developing a long and productive relationship together.”
Compass Risks Management specialises in the prevention and safe resolution of incidents of maritime piracy, kidnap and extortion.
Leslie Edwards, managing director of Compass Risk Management, said: “We are delighted to have been selected by Catlin to work with Drum Cussac in providing an all-round service to ship owners and other insured clients.”