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.

To download the whitepaper from Allianz, CLICK HERE

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