STAND SECURE AGAINST THE EVOLVING THREAT.

War, Terrorism and Political Violence (WTPV)

A politically-motivated riot causes damage to a town centre forcing police to restrict access; an act of war by a neighbouring state causes extensive damage; an office block destroyed by a terrorist bomb.

Acts of war, terrorism and political violence can have a devastating impact on businesses. In addition to the on-going risk of a catastrophic attack on physical assets, terrorists are adapting their methods to inflict mass casualties. This new threat has resulted in gaps in the coverage provided by conventional insurance policies which can be outdated and short of the cover businesses need today.

THE WTPV THREAT

Sabotage and terrorism Limit available up to: $125 million

DProperty damage. DProperty damage as a result of a civil or military authority. DBusiness interruption. DCoverage responds to both certified and non-certified acts of sabotage and terrorism.

Sabotage and terrorism combined liabilityLimit available up to: $50 million

DDamages for bodily injury. DDamages for property damage. DDefence costs. DClaims expenses. DGL will respond as the primary liability cover. DEL will respond as an excess layer to the insured’s workers compensation cover, where applicable.

Hiscox is a pioneer and one of the longest-standing Lloyd’s markets for WTPV. From small private companies to Fortune 500 size multinationals, Hiscox has established a diverse portfolio of terrorism products to meet the needs and exposures of a client’s business. With decades of experience and unprecedented geographical scope, we provide cover against the latest global threats; underwriting on first loss, excess of loss, and quota-share placements.

Why work with Hiscox WTPV? DWe offer a diverse portfolio of options within our terrorism suite of products. D50 years of combined underwriting experience means we produce and price cover to accurately reflect our clients’ risks. DOption to elect the coverage option(s) that suit insured’s business best. DPartnership with Control Risks and Weber Shandwick to provide the latest advice on political risks and reputation management.

A market leader in WTPV since 2001.

NCBRLimit available up to: $50 million

DBlast damage. DDecontamination. DClean up and/or removal costs. DDemolition, increased cost of construction and loss control. DLoss of net income and extra expense. DDenial of access business interruption. DControl risks consultation services. DBroader malicious acts cover, not limited to sabotage and terrorism. DNo zonal limitation on the origin of attack.

Loss of attractionLimit available up to: $5 million

DIndemnity for net profit loss where the insured suffers loss of attraction to an insured location. DOption to select additional ‘trigger’ locations that may have a direct relationship with the insured revenue. DInsured perils include sabotage and terrorism, riots, strikes and civil commotion.

ThreatLimit available up to: $5 million

DBusiness interruption with no requirement for physical damage. DPost-loss assessment from Control Risks, following a threat made against you. DAdvice to insured on mitigating the risk of losses, whether a claim is made or not. DBroader malicious acts cover, not limited to sabotage and terrorism.

ClaimsOur customers value our skill and clarity in wording policies and an excellent claims payment record. We are proud to be a company that delivers our promises.

Recognised expertise in claims handling and wordings.

UNIQUERELATIONSHIP WITH

CONTROL RISKS.

2,200+POLICIES

UNDERWRITTEN ANNUALLY.

$125mMAXIMUM LINE SIZE FOR ANY ONE RISK.

70%OF POLICIES

UNDERWRITTEN, WE TAKE THE LEAD.

Malicious attackLimit available up to: $50 million aggregateCoverage triggered as a result of an event involving a vehicle, an explosive device or any hand-held weapon.

DBusiness interruption with no requirement for physical damage. DPhysical damage. DLoss of attraction. DCrisis management assistance from Weber Shandwick. DAdditional security measures. DCounselling. DMiscellaneous other costs.

Hiscox has a reputation as an innovative leader in product development.

YOU CAN’T PREDICT BUT YOU CAN PREPARE

Malicious attack case study London Bridge – 3rd June 2017

MotivationThree Islamist extremists carried out a vehicle-ramming assault on London Bridge in Central London. Having used the vehicle as a weapon against pedestrians, they proceeded to attack civilians in Borough Market and its neighbouring pubs and restaurants.

WeaponsVehicle, kitchen knives and unused petrol bombs.

Distance/area affectedCordon of 650 metres that was reduced to 300 metres within 36 hours of the incident.

Business impacts in the local areaA 36-hour evacuation and lockdown of all public areas and buildings within the 650 metre cordon. Public transport, mainline rail stations and most road links reopened for partial or full service within 60 hours, whilst Borough Market and some adjacent streets remained closed for seven to ten days. It is estimated that 320 businesses were either physically or financially affected by the cordon.

Hiscox Ltd1 Great St Helen’sLondon EC3A 6HX

T +44 (0)20 7448 6000E enquiries@hiscox.comwww.hiscoxlondonmarket.com

Registered in England no. 2590623

Hiscox Syndicates Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.

This broker communication is for informational purposes only. The coverage afforded by the products described herein are subject to and governed by the terms and conditions of each policy issued. This information may not be used to modify any policy that might be issued. The products described are underwritten by a Hiscox Syndicate at Lloyd’s, London, and are available in the US on a surplus lines basis. The publication and delivery of this information is not intended to be a solicitation by Lloyd’s for the purchase of insurance on any US risk. 16680 03/17

For more informationTo find out more about Hiscox War, Terrorism and Political Violence cover, speak to your Hiscox underwriting contact, call +44 (0)20 7448 6000, email terrorism.referrals@hiscox.com, or go to hiscoxlondonmarket.com.