Specialist Managing General Agent (MGA) and Lloyd’s of London Coverholder, Ensurance, has extended its Terrorism and Sabotage offering to both the U.S. and Australian markets.
The products were launched in the UK in May of this year and are backed by an ‘A (Excellent)’ rated firm and Lloyd’s market capacity.
The solutions focus on the property markets in both the U.S. and Australia, and offer full terrorism and sabotage protection for businesses and a range of policy extensions, which includes non-damage business interruption, denial of access, and loss of attraction.
Ensurance’s Chief Executive Officer (CEO), Tim James commented: “The response we’ve received from brokers since launching our terrorism & sabotage offering to the UK property market has been considerable.
“This has enabled us to bring forward our plans to expand our product to the US and Australia where we’ve identified a similar challenge in terms of a lack of existing facilities that provide the required extensions of cover.
“We hope to replicate the early success our terrorism and sabotage underwriting team has achieved in the UK as we continue to grow the range and geographic reach of our book.”
