Active Assailant

Price Forbes & Partners have worked with Terrorism insurers to develop and adapt coverages to meet the volatile and unpredictable nature of terrorist and malicious acts.

Used with premeditated and malicious intent, a weapon can include any of the following:

• Any hand held instrument, tool, device or appliance
• Explosive devices (hand held or attached to the body)
• Vehicle(s)
• Corrosive substances

The following industries have come to light as particular targets of attacks:

• Education organisations
• Sports arenas
• Transport hubs and mass transit
• Hospitality and leisure facilities
• Shopping centers and malls
• Conferences and festivals
• Residential housing and authorities
• Healthcare institutions

The main insurance cover offerings for crimes of this nature include:

Auto liability

Cover is designed to sit below and wrap existing motor and third-party liability policies specifically designed for premeditated malicious and terrorist events.

We can provide cover for:

• Third party liability
• Motor liability
• Employers’ liability
• First party damage to property insured
• Own vehicles
• Goods in transit

Legal liability

• Coverage for damages and claim expenses that an insured will become legally obligated to pay following an Active Assailant incident

Physical damage

• Indemnity for physical loss or damage to insured
• property caused by an Active Assailant incident

Business interruption
Indemnity for business interruption following:

• Direct physical loss, damage, or destruction to insured property
• Denial of access to an insured location
• Threat to an insured location (provided it is substantiated by authorities)

Extra expense

• Additional security arrangements: costs of increased security in the aftermath
• Public relations expenses such as media management & brand rehabilitation
• Funeral expenses: burial and/or cremation costs for victims of incident
• Medical expenses for any insured person present during the incident
• Psychiatric counselling for any person traumatised by the incident
• Forensic clean-up costs
• Repatriation costs of deceased victims to place of funeral
• Job retraining costs