Broker Bulletin No. 12 - RMP launches new Terrorism Facility

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Risk Management Partners Limited is delighted to announce that we have secured a new facility to offer quotes for terrorism risks. The facility has been developed to complement the PoolRe quotes offered by our partner insurers for material damage and business interruption risks, so effectively the insured can get the choice between the PoolRe option and the new alternative.

The insurers behind the facility are a range of Lloyd’s insurers who bring a vast amount of experience and expertise to the sector.

The cover offers a wide range of benefits which reflect some of the market leading features including, but not limited to:

  1. Non-damage denial of access
  2. Threat cover
  3. Loss of attraction

To name but a few

The facility is available with immediate effect and is up and running with the first range of quotations having been offered to the market. The development of this facility is part of the wider RMP continuous journey of improving our offering to the market both in terms of cover and service and comes close on the recent announcements around:

  • New and improved Employer’s and Public Liability wording
  • Partnership Tie up with Tokio Marine Kiln for District/Borough and Emergency Services property risks.
  • Cyber Cover
  • Gallagher Bassett roll out of GallagherBuild - the immobile repair network facility

Whilst we operate in exciting times within the public sector market, they do come at a time when the challenges though claims, austerity and litigation have never been greater. It is only by seeking to match this challenge through innovation and visionary thinking can we expect to continue to meet our clients needs and demands into the future.

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