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Marine Piracy Safety

Piracy is a serious problem in several areas of the world. Although marine/maritime piracy might be seen as a problem of the past, the truth is that maritime piracy is a potentially deadly problem that is still a very real risk for yacht owners, their crew and their passengers. According to the International Sailing Federation*, sailing piracy is steadily on the rise in several areas of the world. Considering the very real risk of marine/maritime piracy occurring when you are out on the open seas in certain places, you must be equipped with the knowledge and tools necessary to help you plan safe travels.
If your navigation plan includes transiting any areas of concern, AIG Private Client Group stands ready to assist with providing input and tools to help you in planning the safest journey possible.
NYA International Limited (“NYA”, is a specialist crisis management and response consultancy company with 25+ years of experience in helping clients manage incidents of abduction, kidnap for ransom, marine piracy, extortion, wrongful detention, malicious product tampering and other global crises. NYA is current on where current marine piracy hotspots are and has dedicated staff to monitor situations and areas continually. We recommend NYA as an option to possibly assist in investigating security precautions should your cruising itinerary take you into waters with safety concerns. 
In an effort to keep your travels safe, we have included general travel advisory overviews for your use. If you anticipate traveling to these areas, we urge you to review this information and also look to additional security measures where needed. 
At AIG Private Client Group, we recognize the liability and safety ramifications of marine/maritime piracy and the danger that marine piracy poses. We wish you safe travels whenever you set out on your yacht, and we consider it our highest priority to send you off with the best yacht insurance policy possible. 

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Last updated Wednesday, February 17th, 2016

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AIG Private Client Group is a division of the member companies of American International Group, Inc. (AIG). Policies are underwritten by member companies of AIG, including AIG PROPERTY CASUALTY COMPANY. This is a summary only. It does not include all terms and conditions and exclusions of the policies described. All references to claim settlement information are based on the loss being covered by the policy and are subject to change without prior notice. Please refer to the actual policies for complete details of coverage and exclusions. Coverage and supplemental services may not be available in all jurisdictions and are subject to underwriting review and approval. Services provided by third parties are not guaranteed by AIG Private Client Group and may be discontinued at any time.

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