There are various wraps available but in that area may be difficult to fit, and a number of aftermarket universal plates again as the size changes dramaticaly at that point may be aukward to fit.
As temp fix for passenger comfort try a section of fire blanket, not pretty but easily fitted or removed when not needed.
Or depending on your abilities try a bit of panel beating to make an additional shroud to fit to the existing shield and peg hanger.
Maybe someone who's already fixed it will reply!

just seen the post from Kuzzin Kenny perforated sheet is easy shape but can rip if worked to hard in one area.
Car style exhaust U bolts work well as they provide the spacing from the pipe and are available in sizes to suit and stainless
give it a go and post your results might be the start of something!