Dryad Global has announced a deal with Lloyd’s of London broker CR International, part of the CR Group.
CR places insurances on War Risks, H&M and P&I (amongst others) for more than 9,500 vessels, Dryad Global said.
Phil Diacon, CEO Dryad Global; “This partnership is a continuation of our commitment to disrupt the traditional maritime security market with intelligence led insurance solutions that put the client’s needs first. We are committed to streamlining process and collaborating with A-rated partners to deliver considered, competitive insurance solutions, exceptional maritime security support and customer service”.
The cover can operate back-to-back with the existing coverages, because the War clauses can be amended to match or follow the basis of the H&M/War conditions such as ITCH, Nordic Plan, American Institute clauses. All cover is attested by Dryad Global as fit for purpose.
Simon Hayward, Head of Marine Services at CR International, said that “CR International is pleased to support Dryad Global to enable clients to benefit from risk assessment knowledge and actions. Dryad Global are at the forefront of security intelligence, transit assessment technology and risk advice and we believe shipowners, charterers and insurers can benefit from this support.”