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War & Terrorism


Part of the Marine Division

  • September 11, 2001 New York and Washington
  • July 7, 2005 London
  • November 26, 2008 Mumbai

These events have impacted on our World in many different ways. Consequently, our insurance market has grown and adapted to meet the changing demands and needs for War and Terrorism Insurance. Tysers’ War and Terrorism team has also changed and we now have a greater breadth of knowledge and experience for handling all types of coverage in all areas of the World.


Areas of Expertise

 

We offer a variety of coverages including business interruption and liability insurance:

 

Risk Types

  • Construction Projects
  • Operational Risks
  • Contractors Plant and Equipment

Business Interruption

  • Gross Earnings
  • Gross Profit
  • Gross Revenue
  • Loss of Rent
  • Extra Expense

Coverages for Property Damage

  • Sabotage and Terrorism
  • Riots, Strikes, Civil Commotions and Malicious Damage and Sabotage and Terrorism
  • Full Political Violence which includes the above plus Rebellion, Insurrection, Coup d’Etât, Mutiny, Civil War and War 

  • Confiscation, Expropriation, Nationalisation and Deprivation

  • Contract Frustration

Liability

  • Public
  • Public and Employers


Key Strengths

  • Wide Experience – We have experience in arranging all types of insurance and reinsurance as well as binders and facilities

  • Expertise – We have worked closely with clients to establish what their concerns and needs are and, in turn, worked with underwriters in order to find a solution that best suits all parties involved

  • Multilingual – Our multilingual team is happy to do business in a number of languages, including English, Spanish, Portuguese and French

  • Market Presence – Our market knowledge and long-established relationships with insurers and reinsurers mean clients get the broadest cover available at the most competitive prices

  • Terrorism Pools – We can arrange Wraparounds and/or Buy-downs for Terrorism pools such as TRIPRA and SASRIA. We can use our open market to compete with Terrorism pools around the world as these pools do not always meet an Insured’s needs

  • Efficient Turnaround Times – We address the requirements of all business promptly and efficiently and will respond to all enquiries within 24 hours

  • Innovation – We pride ourselves on tailoring bespoke innovative solutions, at the best possible terms, in order to meet our clients’ individual circumstances

  • Claims Service – Our claims service is at the core of our team. Unlike many other brokers, our claims team is integrated within our broking divisions. They are highly valued by the company and our clients alike, with whom we maintain a clear and regular dialogue, irrespective of the level of specific claims activity