Catlin Group Enhances Risk Management
In order to enhance the services it offers to clients with hijack, kidnap, extortion and wrongful detention exposures, Bermuda-based re/insurer Catlin Group Ltd. has formed a partnership with two specialist risk management consultancies.
The partnership with Drum Cussac and Compass Risk Management, which commenced on 1 January 2012, is designed to ensure that “our clients have access to the highest-quality response, prevention and maritime intelligence service, 24/7 wherever they operate,” said Peter Dobbs, head of Catlin Asset Protection in London.
Jeremy Stampa Orwin, managing director of Drum Cussac, commented: “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.”
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