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

Key People