
Piracy has increased substantially over the past 24 months with specific regional pockets seeing a quite sizable rise in attacks. This has resulted in a double blow to shipping companies with increased insurance premiums and heightened concerns about security of their vessels.
REDfour and Marsh’s introduction of their “pick and mix” kidnap and ransom (K&R) package gives a two-fold reward: reduced insurance costs and greater security.
The package:
- Marsh offers up to 50% discounts for ships carrying REDfour teams.
- REDfour provides the most offensive defence installations custom-made for each vessel: - installation of razor wire, - electric fencing, - security team comprised of former UK military personnel.
- Client contract flexibility: single or multiple voyage basis.
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