Aston Lark's Peter Blanc on rethinking terrorism insurance
Non-damage business interruption terrorism insurance became available through Pool Re recently. And while Aston Lark's CEO Peter Blanc believes this is good, he argues that once again the insurance profession has managed to make the whole topic unintelligible to the general public.
Many business owners are not familiar with exactly how terrorism insurance works and often just ask brokers the questions: “Do I need it? How much is it? What does it cover?”
Good brokers will be
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