Gary Barlow explores the evolving landscape of terrorism cover
20th December 2019In a recent Insurance Business UK article, our Terrorism Underwriting Manager, Gary Barlow, discusses the terrorist attacks in London and Manchester, and how there has been a significant change in terms of the threats the terrorism market must address. Whilst terrorism cover was traditionally designed to respond to direct property damage, since 2017, we’ve seen a shift towards non-property damage acts of terrorism. In these instances, business interruption, denial of access and loss of attraction are the key financial factors affecting local businesses. Read the full article in Insurance Business UK here.
Gary has previously discussed NMU’s terrorism insurance at Broker Expo 2018; in particular, how our non-damage cover and denial of access wording offers protection following modern terrorist attacks.
See more videos from Gary, on nmuTV here.
For more information about Terrorism Insurance, contact your local NMU Development Underwriter.