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Civil and political unrest and government reclamation have redefined how we think about the threat of terrorism and political risks. As government policy change and terrorists adapt their methods to inflict mass casualties, existing insurance arrangements are being challenged to provide the broad cover that businesses need to fill gaps in cover.
— INSURANCE SOLUTIONS
Political Risk and Terrorism
An innovative approach to protecting your business's terrorism exposure.
Challenging existing insurance arrangements to provide the broad cover that businesses need to fill gaps
Civil and political unrest and government reclamation have redefined how we think about the threat of terrorism and political risks. As government policies change and terrorists adapt their methods to inflict mass casualties, existing insurance arrangements are being challenged to provide the broad cover that businesses need to fill gaps in cover.
We have dedicated and specialist services encompassing all aspects of war, terrorism and political violence in the London and worldwide marketplace.
Our Products and Services
Coverage is available for multi-national programs, single territory placements and single location placements as follows:
Riots, strikes, civil commotion and malicious damage
Political violence including coup d’état, rebellion, war and civil war
Terrorism construction including delay in start up
Third party liability and employee liability
Loss of attraction and event cancellation
Forced abandonment of assets
Expropriation (host government theft) of mobile assets
Deprivation of assets (including export licence cancellation)
Comprehensive contractors’ plant insurance
Currency inconvertability or non-transfer
Political risk insurance for mobile assets covers the loss or damage to assets caused by political risk perils excluded from general insurance policies
A comprehensive contractors plant policy can cover single projects or multiple locations across one or more pre-agreed countries
Key Contacts
Sam Rodda
Client Manager, Trade Credit Solutions
sam.rodda@lockton.com
+61 478 976 648
Get in touch
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