POOL REINSURANCE

REINSURING
terrorism risk

We are the UK’s leading terrorism reinsurer, trusted by over 150 insurers. Our mission is to provide financial protection from the impact of terrorism, and in so doing, improve the UK’s resilience.

THE TERRORIST THREAT

The threat of terrorist attacks isn’t restricted to major cities.

More recently attacks have heavily impacted our busy high streets and public spaces outside of London. These indiscriminate attacks, often fatal, involve comprehensive investigations which require the police to cordon off large areas. As a result, businesses can unwittingly find themselves within a cordon, with some businesses unable to access their premises for weeks or even months.

Incredibly, many businesses still have little or no terrorism insurance cover, crisis plans or procedures in place. A proactive approach to risk management, underpinned by appropriate insurance, is vital to stay afloat if the worst should happen. 

our unique cover

Our premium cover is purchased direct from our Member insurers, usually via a broker. The following principal types of coverage will be considered:

Material Damage – the most common coverage sought from our Members and can extend to buildings, machinery/plant and contents, and stock.

Business Interruption – most BI terrorism covers are based on the standard revenue, profit, fees, income or increased costs of working basis.

Non-damage Business Interruption – non-damage denial of access and loss of attraction, provided such cover is provided in the underlying BI policy.

Construction – these can include contract or engineering works, contract plant and BI covers such as DSU, Additional Increased Cost of Working, fines/penalties or advanced covers.

Engineering – where engineering policies include damage caused by fire or explosion (not boiler or sudden/ unforeseen), they can also be extended to include terrorism.

CBRN – We are the only provider to cover chemical, biological, radiological, nuclear (CBRN) attacks as well as acts of terrorism triggered by remote digital means using a cyber trigger. 

 

member benefits

Expert Data and Analytics

More than 30 years of trusted and verified terrorism risk data, analysis and intelligence, helping businesses to better understand the terrorism threat landscape and the potential risks to their people, assets and reputation.

Research and Development

Some of the most innovative and creative counterterrorism projects as part of our multi-million pound commitment into terrorism research, development and risk mitigation activities.

Collaborative Relationships

Unique and privileged working relationships with national and international Governments, Think Tanks, academia, industry bodies and security agencies, whose collaboration has helped further our innovations in terrorism insurance coverage.

EXPLORE REINSURANCE

Recently Published

Monthly Threat Update July 2022
Articles by Topic - Reports CBRN Environmental Extremism Far-Right Extremism Islamist Extremism Monthly Update

Monthly Threat Update July 2022

Sector Risk Report: Airports
Articles by Type - Reports Sectoral Risk Uncategorised

Sector Risk Report: Airports

Monthly Threat Update June 2022
Articles by Type - Reports Far-Right Extremism Islamist Extremism Monthly Update Protect Duty Tactics

Monthly Threat Update June 2022

Climate Change Reporting
Articles by Topic - Reports Climate Change

Climate Change Reporting

Are you Protect Duty prepared?
Articles by Type - Commentary Blog Protect Duty

Are you Protect Duty prepared?

Monthly Threat Update May 2022
Articles by Type - Reports Cyber Terrorism Far-Right Extremism Monthly Update

Monthly Threat Update May 2022

Cyber Terrorism: Far-right extremists’ use of social media – an explainer
Articles by Topic - Commentary Blog Cyber Terrorism

Cyber Terrorism: Far-right extremists’ use of social media – an explainer

Monthly Threat Update April 2022
Articles by Type - Reports Cyber Terrorism Far-Right Extremism Islamist Extremism Monthly Update

Monthly Threat Update April 2022

Cyber Terrorism: Islamic State’s effective exploitation of social media
Articles by Topic - Commentary Blog Cyber Terrorism

Cyber Terrorism: Islamic State’s effective exploitation of social media

Cyber Terrorism: Understanding online radicalisation
Articles by Topic - Commentary Blog Cyber Terrorism

Cyber Terrorism: Understanding online radicalisation

Monthly Threat Update March 2022
Articles by Type - Reports Far-Right Extremism Islamist Extremism Monthly Update

Monthly Threat Update March 2022

UK Cyber Security: A New Approach?
Articles by Topic - Commentary Blog Cyber Terrorism

UK Cyber Security: A New Approach?

Monthly Threat Update February 2022
Articles by Type - Reports Far-Right Extremism Islamist Extremism Monthly Update

Monthly Threat Update February 2022

Monthly Threat Update January 2022
Articles by Type - Reports Environmental Extremism Islamist Extremism Monthly Update Tactics

Monthly Threat Update January 2022

Review of the Home Office Protect Duty Consultation Report January 2022
Articles by Topic - Reports Assessment Protect Duty

Review of the Home Office Protect Duty Consultation Report January 2022

Monthly Threat Update December 2021
Articles by Type - Reports Cyber Terrorism Far-Right Extremism Monthly Update Tactics

Monthly Threat Update December 2021

Solutions Annual Review 2021
Annual Update Articles by Type - Reports

Solutions Annual Review 2021

Monthly Threat Update November 2021
Articles by Type - Reports Monthly Update

Monthly Threat Update November 2021

Hospitality & High Streets – short guide to festive terrorism risk management planning
Articles by Type - Commentary Blog Threat Landscape

Hospitality & High Streets – short guide to festive terrorism risk management planning

Liverpool Women’s Hospital Taxi Explosion: Terrorism Post-Incident Report
Articles by Topic - Reports Islamist Extremism

Liverpool Women’s Hospital Taxi Explosion: Terrorism Post-Incident Report