The West of England P&I Club has signed a new agreement with Risk Intelligence to integrate data from the Risk Intelligence System and reports into its market assessments.
The West of England is a member of the International Group of P&I Clubs and insures more than 3,700 vessels. The new licence agreement provides access to both MaRisk and PortRisk services, providing information on 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 parameters, identifying where serious events arise and presenting an assessment of how great the threat is in each area.
“We’re delighted to be working with West P&I, directly supporting their loss prevention team, providing them with access to our Risk Intelligence System and reports, which will enable them to provide excellent advice to their members,” said Jim Pascoe, Chief Commercial Officer of Risk Intelligence.
“We have seen our P&I client base grow significantly over the last 12 months, and several members of the International Group of P&I Clubs now use our services as a way to provide even better member benefits and services – the end result of course being a reduction in the likelihood of claims.”