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War and Terrorism

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Page 1: War and Terrorism - Liberty Specialty Markets...War and Terrorism With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing

War andTerrorism

Page 2: War and Terrorism - Liberty Specialty Markets...War and Terrorism With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing

Overview

The risk of terrorism, lone wolf style events, sabotage, war and political instability continues to grow across the globe.

Liberty Specialty Markets provides market-leading War and Terrorism (re)insurance cover worldwide.

Page 3: War and Terrorism - Liberty Specialty Markets...War and Terrorism With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing

Line size

USD 200 million

Providing cover against terrorist attacks or political instability allows our clients to prosper in the current global climate.

War and Terrorism

With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing a worldwide book of war and terrorism (re)insurance cover.

Providing cover against terrorist attacks or political instability allows our clients to prosper in the current global climate. We write business via our Lloyd’s syndicate and company platform (rated ‘A+’ Strong by Standard & Poor’s) and through our global distribution network of Liberty offices, working with domestic and international brokers. We currently have specialist underwriters in Dubai, Singapore, Brazil and New York in addition to our London head office operation.

A wide variety of terrorism risks are written across a broad cross section of industries. The focus of the book is to underwrite high quality business in partnership with our clients.

Help when clients need it most

Our clients benefit from our commitment to providing a consistent, efficient and responsive claims handling service. Our claims philosophy is to work in close partnership with our clients and brokers so that valid claims are paid promptly.

Page 4: War and Terrorism - Liberty Specialty Markets...War and Terrorism With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing

War and Terrorism classes Terrorism and sabotage Riots, strikes and civil commotion

Malicious damage Insurrection/rebellion/revolution/mutiny/ coup d’etat

War on land/civil war Terrorism liability Business interruption and extra expense

Nuclear, biological, chemical and radiological

Denial of access Loss of attraction Active shooter Cyber (physical damage only)

Policy period Up to five years non-cancellable

International distribution channels/offices UK Europe USA/Canada Australasia Far East Middle East Latin America Asia

Target markets Real estate Commercial properties Industrial assets Leisure & entertainment Hotels Retail locations Oil and gas Energy installations Municipalities Construction risks Infrastructure

Line size

USD 200 million

Page 5: War and Terrorism - Liberty Specialty Markets...War and Terrorism With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing

About Liberty

Liberty Mutual Insurance Group (LMIG), founded in 1912, is a Boston based diversified insurer with operations in 30 countries and economies around the world.

Liberty Specialty Markets, part of LMIG, offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US and other international locations.

Liberty Specialty Markets is able to offer underwriting expertise across 80 product lines in addition to our offering of War and Terrorism. For a full range of products, please visit: libertyspecialtymarkets.com

Liberty Mutual Insurance Group

Why choose Liberty?

Liberty’s private ownership gives us a unique perspective on your risk. Not being driven by short term thinking means we can invest time and energy to develop tailor made services and solutions that support you, and evolve with you, over the long term.

We offer continuity and stability, delivered to you through the technical expertise of our staff, who are always willing to guide, assist and advise. Through the cycles of certainty and more vitally, uncertainty, we are committed to putting you at the heart of everything to help you prosper.

$142.5bnConsolidated

assets

$39.4bnAnnual

consolidated revenue

over

50,000employees

over

800of�ces worldwide

3rd largestproperty & casualty insurer in US

68th onUS Fortune100 list

Standard & Poor’s rating ‘A’(Strong)

Page 6: War and Terrorism - Liberty Specialty Markets...War and Terrorism With the risk of a terrorist attack ever increasing across the globe, we continue to act as a market-leader writing

Madrid Gonzalo PalomeroSenior Underwriter

T: +34 915 92 38 86M: +34 609 726 856

E: [email protected]

Europe Joanna HitchcockUnderwriter M: +33 625 588728

E: [email protected]

Contact us

The description of cover in this document does not include all terms, conditions and exclusions, for which please refer to the policy wording itself. Liberty Specialty Markets is the trading name for Liberty Managing Agency Limited, for and on behalf of Syndicate 4472 at Lloyd’s of London, and Liberty Mutual Insurance Europe Plc, both members of the Liberty Mutual Insurance Group. Liberty Managing Agency Limited (company number 3003606, PRA/FCA number 204945) and Liberty Mutual Insurance Europe Limited (company number 1088268, PRA/FCA number 202205) are each authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The registered office for each company is 20 Fenchurch Street, London EC3M 3AW.

© 2018 Liberty Specialty Markets

libertyspecialtymarkets.com

W&TMAD712-06-18