Whilst the human cost of terrorism is devastating, the financial impact an incident can have on communities, businesses and economies, is generally greater than most realise.
At Pool Re we understand that terrorism is a significant multi-faceted peril that can expose businesses in a complex way. This makes it one of the most difficult challenges facing the insurance industry, and indeed businesses today.
Terrorism changes in ways that natural catastrophe perils cannot, and this presents unique challenges. The threat is no longer confined to bombs, it now includes chemical and biological techniques, drones, cyber, vehicles and knives.
We have been the UK’s leading terrorism reinsurer for over a quarter of a century. In that time we have developed a great deal of trust as globally renowned specialists in our field. Our team of experts combine their knowledge and experience with that of Government agencies, academia, risk professionals and the insurance industry – we call this our SOLUTIONS division.
Our expert team provide a wide range of risk solutions, products and services to help you better understand and manage terrorism risk.
“THE INSURANCE INDUSTRY HAS THE POTENTIAL TO SHAPE BEHAVIOUR AND IMPROVE SAFETY, SECURITY AND RESILIENCE… POOL RE IS AN EXCELLENT EXAMPLE OF A PUBLIC-PRIVATE PARTNERSHIP SET UP SPECIFICALLY TO MITIGATE THE FINANCIAL IMPACT OF A TERRORIST ATTACK”.Counter Terrorism Strategy (contest) June 2018