Terrorism Insurance Gaps Demand Rethinking Focus On Property

  Friday, February 3rd, 2017 Source: Canadian Underwriter

Terrorism insurance programs need a reset to ensure clients are appropriately covered in light of the continuing shift from attacks on property to attacks on people designed to produce mass casualties, Scott Bolton, the U.K.-based director of business development and network relations for Aon Risk Solutions, suggested Wednesday. “We can’t just keep having conversations around property damage and business interruption,” Bolton said Wednesday at C4 2017, the Canadian catastrophe conference hosted by Catastrophe Indices and Quantification Inc. (CatIQ).

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