How Should Business Handle the Changing Nature of Terrorism?

Brink | 9 Apr 2018

Terrorism remains a persistent and significant threat to businesses, governments, and individuals. Fewer people were killed by acts of terrorism, insurgency, and politically or ideologically motivated violence in 2017 than in 2016, but the number of incidents is still very large – and the means of attack have shifted. As such, it’s critical that businesses take stock of the strategies available to them to manage and finance that risk.

As an alternative to commercial insurance, some businesses choose to self-insure their terrorism risks through captives, which are insurance companies they own or can rent.