Premium will be calculated depending on the property values, geographical location, business type and ownership, security measures deployed at the insured premise and limits and deductibles requested.

Whatever cover an organization is seeking, we always recommend it consult with a capable insurance broker with proven expertise in the Political Violence arena who can review the risk and bespoke a policy to the requirements of the insured whether it be to advise on cover/perils required or by obtaining the broadest cover available whilst keeping the premium spend within the insureds budget.

Crescent Global, a leading Political Violence Lloyd’s broker in the London market had this to say, “We believe Political Violence is a global feature of everyday life for our corporate clients internationally and especially in the Middle East. We have recognized this feature and today work to constantly offer a global integrated solution.”

The only downside is most local insurers in the Middle East do not have the capacity to provide terrorism cover locally, and this cover is almost always purchased through a Lloyd’s broker with access to the Lloyd’s of London market.

Terrorism and other Political Violence perils are very real and companies should take a hard look at their exposure to the threat of these perils. The London market has stood up and taken note of the needs and requirements of the insured and continues to find ways of offering the broadest cover. They continue to guide the insured on covers available and tailor policies to the needs of the Insured. Security measures deployed by companies continue to evolve and improve but terrorist groups will undoubtedly find solutions and ways around these and therefore the risk will always exist.



Contact us now on enquiries@londonpv.com

 

 

 

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