The combination of proactive risk management and specialty insurance underwriting may provide some protection to ship owners with vessels transiting the Gulf of Aden. As we all have seen, piracy is out of control off of Somalia. See reports here, here & here, and these YouTube clips on piracy here & here. A London insurance broker, Swinglehurst, has teamed up with a security firm, Hart Security, to provide a combination of physical and financial protection to boat owners. See here...
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