About XL Catlin
XL Catlin. We’re here to help your business move forward. With an incredible blend of people, products, services and technology, we’re looking at risk in a new way. From insurance to reinsurance, we can help you find innovative answers for a changing world.
Our insurance and reinsurance companies provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises globally. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward.
Powerful analytics, deeper insights, and market-leading technologies. We at XL Catlin are open to new ideas and ready to take on difficult challenges — from the most familiar to the most complex.
You need innovative, creative solutions to your risks. We’re here to find them.
Crisis Prevention and Response solution launched by XL Catlin
XL Catlin’s insurance operations has announced the launch of Corporate CPR (Crisis Prevention and Response for corporate clients) – a global risk management and insurance solution designed to help companies of any size prevent, prepare for and respond to crisis situations, and help protect their people, assets, property and finances.
As part of this innovative solution, XL Catlin has partnered with S-RM, its global crisis response partner, and Instinctif Partners, a global crisis communications specialist firm, to provide the following:
Pre-crisis planning and training to minimize the threat of crisis events
Fast, expert response in the event of a crisis event to mitigate the damage, and ensure the business resumes normal operations as soon as possible
Communications support to minimize the impact of a crisis on a company’s business
The policy covers 45 named crisis events under the six categories of catastrophes, criminal risks, cyber threats, people risks, political risks and political violence, and the solution may be bought in conjunction with a variety of other traditional risk transfer coverage including Kidnap & Ransom, Emergency Evacuation and a range of other Crisis Management insurance products.
Charlie Matheson, Global Product Head, Kidnap & Ransom, Crisis Management at XL Catlin, commented: “Today, organisations face new risks and new crisis situations, whether it’s a man-made disaster, natural disaster, active assailant event or a major cyber breach, and taking a holistic approach to crisis management is key to resilience.”
He continued: “We listened to our clients to understand what they were worried about, what a crisis means to them and what they need to better prepare for it. We have worked with leading crisis response specialists to create a solution that we think will stand our clients in good stead to face a situation and recover from it. This product is not about pure risk transfer, it’s about preparedness and setting our clients on the right foot.”
Anton Wallis, Senior Director, Crisis Management at S-RM, commented: “From data breaches and financial crime, to terrorism and natural disasters, today’s risks are increasingly wide-ranging and unpredictable. This means that a comprehensive, integrated and flexible approach to crisis management is critical, so that organisations are fully prepared and supported.”
If you woudl like to talk to XL Catlin about this new proposition, CLICK HERE, leave a message and youTalk-insurance will pass your enquiry on.
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