Allianz whitepaper on Terrorism and the new set of risks it poses to businesses

Terrorism-threat

Changes in the nature of terror attacks over the last couple of decades are exposing businesses of all sizes to a new set of risks. The insurance industry has moved to provide cover, but it's essential that businesses understand exactly how it will respond in the event of an attack. 

The terror attacks of the last few years illustrate the changes. Rather than focus on property damage, as was seen in the 1990s with IRA bombings such as those at the Baltic Exchange and in Manchester, today’s terrorists are much more likely to target loss of life and mass casualties. Although improvised explosive devices are still being used in some attacks, for example a homemade bomb in the 2017 Manchester Arena bombing, weapons such as knives, firearms and vehicles are increasingly common intoday’s terror attacks.

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About Allianz

Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group,  a leading integrated financial services provider and the largest property and casualty insurer in the world.  

The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do. 

Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations.  

Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey.  Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz.  youTalk-insurance sharing Allianz Insurance news and video

 

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