25 Mar 15: Specialist lines underwriting agency, CFC today announces the launch of its innovative standalone terrorism policy in the UK.
The policy offers businesses broad terrorism and sabotage coverage, including protection against lone wolf style attacks and the capacity for zone A risks such as the City of London. It is available at highly competitive rates and is backed by CFC’s exceptional service levels.
CFC UK Terrorism Underwriter, Ben Atkins, comments: “With recent global events, the threat of a terrorist attack is sadly greater than ever before. Recognising this increase in exposure, it is extremely important for clients to evaluate their current property policies and associated terrorism cover.”
He continues: “That’s why we’ve decided to extend our popular standalone terrorism policy into the UK market. A serious alternative to Pool Re, our policy is often a much more cost effective way for clients to plug the terrorism gap. Other standout features include our follow form wording, limits of up to £75 million per risk, and a quick 24-turnaround. All locations are considered, including those situated in Central London.”
Underwritten 100% by Lloyd’s of London and with S&P A+, Fitch A+, and A.M Best A (Excellent) ratings, CFC’s product delivers cover for property damage, utilities, loss of income (including rental income) and business interruption directly as a result of sabotage or terrorism.