The evolution of terrorism insurance
CFC's terrorism team discussed the evolution of terror policies and the necessity for comprehensive cover in this changing environment.
The unpredictability of terrorism events means it can be difficult to be fully prepared in these situations, but a good policy can provide peace of mind to businesses while helping with costs ranging from property damage and business interruption, to restricted access and victim support. The team will also be introducing their new active assailant product and how this unique cover differs from a traditional terrorism policy.
You'll learn about:
- How the nature of terrorist attacks has evolved and how cover has responded
- The shift towards third party cover and the impact of 'soft losses'
- The difference between private and government-backed policies
- How demand for active assailant cover is increasing