War & Terrorism Insurance

The globalisation of economics, travel and information is leading companies to invest and establish operations in more volatile, remote or high-risk regions. This has put pressure on corporations to show good governance, elements of which require increased corporate responsibility and security awareness.

While some corporations have extensive security and risk management resources in-house, few security departments have handled a sensitive and time-consuming threat or attack against an employee. It is virtually impossible to predict where and when an attack will occur. However, an act of terrorism could devastate your organisation and result in the loss of life, damage to your property and disrupt your business. The financial and management implications of such incidents and possible subsequent litigation have made clear the need for expert preventative and incident management advice. SCR enables corporations to transfer both the financial risk as well as an element of due diligence through a War, Terrorism and Malicious Acts Personal Accident Programme.

Your company could benefit from coverage if you:

• Operate overseas
• Send executives, employees or representatives overseas on business, either in the form of expatriates or as business travellers
• Conduct business in high-risk territories, including Latin America, Africa, Asia and the Middle East
• Are involved in the aviation, oil, energy, construction, banking, telecommunications, utilities, mining or manufacturing industries
• Are involved in reconstruction projects in Iraq or Afghanistan
• Prioritise corporate responsibility towards your employees

What SCR can do for you?

• Review existing programmes to close gaps in coverage and consolidate subsidiary policies if necessary
• Establish new tailor-made policies with 24-hour worldwide coverage to include War, Terrorism and Malicious Acts
• Negotiate pricing and coverage enhancements to address specific threats; Nuclear, Chemical and Biological War & Terrorism coverage is also available.
• Inform you on the changing security environment through an electronic monthly Security Bulletin (requires Adobe Acrobat Reader)
• Provide access to SCR’s Security Team for threat assessments, travel awareness seminars, executive protection training and site security surveys
• Secure premium credit for incident prevention consulting (may be applied to services available from SCR’s Security Team)

For more detailed information of our products and services, please contact us at: contactus@scr-ltd.co.uk