The Baltimore bridge disaster is sending shockwaves through the maritime industry, laying bare the vulnerabilities inherent in everyday operations, and underscoring the value of proactive risk management measures, Ed McNamara, CEO, Armada Risk Partners argues.

Port cyber-attacks are now one of the biggest and most sophisticated threats facing port operators, notes Ed McNamara, CEO, Armada Risk Partners & Cleveland Ohio port insurance broker. 

Edward X. McNamara, President & CEO of Armada Risk Partners, a Cleveland-based insurance broker, notes that, in the post-covid era, the insurance industry is more complex and risk averse than ever. Armada insures ports worldwide from an increasing number of risks such as extreme weather, ship collisions with port infrastructure and cyber attack.