NMU Launch Terrorism Motor Fleet Product4th February 2019
Recognising the changing nature and modus operandi of modern day terrorist attacks, which has seen a significant shift towards causing human casualties with the use of motor vehicles as weapons, we have created an innovative new stand-alone terrorism product, specifically for motor fleet operators.
Having been faced with an inconsistent approach to terrorism related exposures by Motor insurers, NMU can now uniquely provide Motor fleet operators with the ability not only to protect their schedule of commercial vehicles against the risk of physical loss or damage (following a broadly defined range of terrorism perils, including sabotage) but also, and uniquely, against financial losses, triggered by either damage or non-damage/malicious attack events.
Our competitively priced offering is designed specifically for entities such as the likes of coach/bus operators, hauliers, logistics providers, outside broadcasting & media entities, council fleets and similar – providing protection on a 24/7 basis within a range of optional territorial limits (which can extend to include Europe), for commercial vehicle fleets, including trailers, accessories and passenger effects.
Commenting on our new product release, NMU Executive Director, Duncan McClean said “The evolving nature of terrorism incidents brings a whole new set of risks and exposures not previously considered or catered for.
“By recognising a gap in the motor market, I’m delighted that NMU have once again delivered with the provision of an innovative, niche product solution, designed specifically to include the unique and critical protection that motor fleet operators need.”