Overwatch has experience managing shipping risks and procuring insurance in the Gulf of Aden. We can procure coverage in this hazard area to protect both vessels and cargo from the threat of piracy. We work with partners to provide both armed and unarmed deterrent solutions. We coordinate these additional deterrents within the insurance we procure, allowing our customers to receive reduced rates for coverage.

Piracy creates risks for the vessel, cargo, crew, security team and passengers. Security companies and anti-piracy deterrent companies are often faced with difficulties coordinating their commercial insurance with that of the vessel owner. Risks at sea are managed differently that risk on land. Onboard security companies, both armed and unarmed, operate in international waters and are subject to international jurisdictions for potential claims.