As a result of increased disruption and a lack of international travel due to the Covid-19 pandemic, the profile of terrorism has been reshaped across the world.
The global risk landscape is changing fast driven by two main factors, one man-made and one natural.
The decision by the Motor Insurers’ Bureau to shoulder responsibility for compensating victims of terrorist attacks using vehicles is good news for the public and for fleet owners.
With the risk of some terrorists transferring their activities into cyber space, companies and insurers will need to adjust their risk management and transfer solutions.
Public concerns for safety can understandably result in reduced footfall and sales for nearby businesses. By Lockton’s Political Violence Team