JLT CREDIT, POLITICAL & SECURITY RISKS The evolving terrorism threat.

Slides:



Advertisements
Similar presentations
Department of Homeland Security Site Assistance Visit (SAV)
Advertisements

Insurance in the Cloud Ben Hunter, Canadian Underwriting Specialist Technology Insurance Specialty Chubb Insurance Company of Canada.
1 UIB Algeria - Brazil - Colombia - Dubai - Germany - India - Japan - Korea - Malaysia - Mexico - Singapore - Sweden - Switzerland - Turkey - UK UIB GROUP.
English Arabic Cyber Security: Implications of recent breaches MENOG April 2015.
Lockton Companies International Limited. Authorised and regulated by the Financial Services Authority. A Lloyd’s Broker. Protecting Your Business from.
Cyber Crime Game Players By Marharyta Abreu & Iwona Sornat.
Forensic and Investigative Accounting Chapter 16 Cybercrime Loss Valuations © 2011 CCH. All Rights Reserved W. Peterson Ave. Chicago, IL
Financial Institutions – Cyber Risk Managing Cyber Risks In An Interconnected World State Compensation Insurance Fund Audit Committee Meeting – February.
Control Risks Group, LLC CRG Control Risks Group Lessons learned…Lessons NOT learned? Casualty Actuarial Society May 21, 2002.
Distinctive. Choice. An Overview of Jardine Lloyd Thompson Group and Political Violence Insurance April 2010 Lloyd A. Stewart A.C.I.I. Chartered Insurance.
Global Markets Iraq: Conflict Zone Insurance for Personnel, Assets and Contracts w The reconstruction of Iraq will be a demanding and challenging task.
© 2013 ARTHUR J. GALLAGHER & CO. | BUSINESS WITHOUT BARRIERS™ Going Global ….what to know about foreign insurance and risk management Greg Hunter, ARM.
8/25/ Copyright. 8/25/ Copyright.
T H U N D E R B I R D International Supply Chain Management: The Direct & Indirect Impact of Homeland Security Dr. John O’Connell C.V. Starr Professor.
Non Physical Business Interruption Malcolm Randles, Underwriter, Kiln Syndicate February 2011.
2 September 2015 Building Scalable Insurance Programs For Each Growth Stage of a Entrepreneurial Company.
AUGUST 25, 2015 Cyber Insurance:
Inexpensive Travel Medical Protection Plan. Health risks are high for our old parents and many insurance agencies see it as a potential threat to their.
Terrorism and Counter-Terrorism: Strategies and Policy Jonathan Jackson (MSC, BSC)
W h y D o I N e e d C y b e r L i a b i l i t y I n s u r a n c e ?
International Health Insurance. Why does your client need international health insurance Limitations of US Health Plans overseas Limitations of socialized.
CJ416 Eric Salvador. Housekeeping Lets finish strong in Unit 9 discussions Alternative seminars Final submission of work – Tues. May 29 th at midnight.
Unit 9.  Lets finish strong in Unit 9 discussions  Alternative seminars  Final submission of work – Tuesday, October 9 th at midnight.
CJ228 Unit 8 Seminar Matthew A. Selves / Kaplan University.
Insurance of the risk Policy covers & underwriting issues Stephen Ridley, Senior Development Underwriter.
Forensic and Investigative Accounting Chapter 16 Cybercrime Loss Valuations © 2013 CCH Incorporated. All Rights Reserved W. Peterson Ave. Chicago,
Matt Foushee University of Tulsa Tulsa, Oklahoma Cyber Insurance Matt Foushee University of Tulsa Tulsa, Oklahoma.
Mgmt.101 ~ Introduction to Business Risk Management & Insurance.
Special Crime Insurance Summary January 31, 2013 to January 31, 2016 Prepared by: Lockton Companies 1 Phone: Fax: Website:
Territory Insurance Conference, resilient future Mr Ralph Bönig, Special Counsel, Finlaysons Cyber Times and the Insurance Industry Territory Insurance.
1 Book Cover Here Chapter 23 TERRORISM AND URBAN DISORDER Criminal Investigation: A Method for Reconstructing the Past, 7 th Edition Copyright © 2014,
What is Travel Risk Management?
Law Firm LLP | Cyber Insurance | July 16th, 2014 Page 1 Cyber Exposure Landscape "The single biggest threat still is people inadvertently bringing down.
A Guide to Successful Event Risk Management Emirates Arena Glasgow 13 th December 2012 Presented by James Davies, David Griffiths & Caspar Prestidge.
Business Insurance Types. Employee Benefit Insurance Group Medical Insurance Group Life and Personal Accident Policy Critical Illness Insurance.
Cyber Security – Client View Peter Gibbons | Head of Cyber Security, Group Business Services Suppliers’ Summer Conference 15/07/2015.
Cyber Insurance Risk Transfer Alternatives Heather Soronen - Operations Director Rocky Mountain Insurance Information Association.
Cyber: risk without borders Airmic 2016 Harrogate International Centre Tuesday 7 th June 2016.
SEC 470 OUTLET The learning interface/sec470outletdotcom.
Cyber Security Foundations Part 1. Cyber Security defined:  Protects computer base information and equipment  Deals with confidentiality of data  Protects.
Terrorism in the EU: Threats & Trends EAASP Annual Conference Dubrovnik, April 2014 Europol Public Information.
Health professionals in clinical practice face significant risk of complaints, legal action and investigation…
Cyber Insurance Overview July 30, 2016 Wesley Griffiths, FCAS International Association of Black Actuaries.
Cyber Insurance - Risk Exposures and Strategic Solutions
Cyber Insurance Risk Transfer Alternatives
Cyber Risk in the Financial Markets
cap™ Travel assistance membership
Financial Institutions – Cyber Risk
Inter Partner Assistance (IPA)
Minnesota State Colleges and Universities
Joint Force Headquarters-Michigan CCIRs and PIRs
Aviation War Risks Bruce Carman RAAKS Conference Moscow
A Fresh Outlook.
Terrorist Attacks & Our Emergency Response what is the threat?
Joint Force Headquarters-Michigan CCIRs and PIRs
Cyber Insurance Overview
Cyber Trends and Market Update
Transit Security Training and Education Overview
FAIR 2018 – Cyber Risks & Markets
Birmingham CII 12 September 2018 The Salisbury Novichok Poisoning Case
TERRORISM: History, Forms and Challenges
North Downs CII 4 September 2018 The Salisbury Novichok Poisoning Case
INTELLIGENCE SERVICES
Control Framework Breakfast Group
Forensic and Investigative Accounting
Cyber Security: What the Head & Board Need to Know
Movo Insurance Brokers
EREA Emergency Planning for 2018 and beyond
By Nina Petkova, Xa class
Bristol CII – 13 June 2019 The Salisbury Novichok Poisoning Case
Presentation transcript:

JLT CREDIT, POLITICAL & SECURITY RISKS The evolving terrorism threat

The current threat outlook Considerations Security & Intelligence agencies Do we have the right products Speciality brokers Questions AGENDA 2

CURRENT THREAT PICTURE 3  Attack type;  Active shooter  Lone wolf attacks – USA Chattanooga, Munich  Suicide attackers  VBIED  Aircraft – Russian jet, Daallo Airlines Somalia  Kidnapping  Heightened awareness and increased security states across Europe, no change envisaged for the foreseeable future to the overall threat outlook  Focus has been on Europe

OTHER CONSIDERATIONS 4 Migrant crisis Communities Returning Nationals Events and media lure Military action Brexit US Elections

Every continent has seen attacks Movement of people Exploitable business opportunities come with increased risk Lone very public attacks Fighters return with training and desire Potential attackers become younger A network/infrastructure develops Platform for radicalisation Presents investigative difficulties Could be the next terrorist choice of attack Security & Intelligence agencies UK

Kidnap & Ransom market Active shooter and non- damage business interruption Cyber extortion & business interruption Kidnap & ransom cover including personal accident & legal liability Security, political & medical evacuation Personal Accident market Personal Accident including kidnap & ransom cover (but really it’s ‘K&R-lite’) and medical evacuation Travel Terrorism market Terrorism including active shooter: property damage & business interruption cover Liability cover PRODUCT LINE LANDSCAPE 6

Kidnap & Ransom Terrorism Hostage Crisis and/ or wrongful detention Active Shooter/ Violent Assault (NEW COVER) Active Shooter non-damage business interruption (NEW COVER) Malicious Acts Threat non- damage business interruption Property damage Loss of revenue Contingent business interruption Denial of access Loss of attraction Threat

Lucy Higgins, Senior Account Handler, K&R Raj Rana, Head of War and Terrorism. QUESTIONS SPECIALITY BROKERS 8