Political Violence and Terrorism Insurance

Collect intelligence on their operating environment

Our dedicated intelligence team have access to some of the most comprehensive terrorism and political violence datasets available, sourced from our many partnerships, covering the globe.  This feeds directly into our clients on a real-time basis, and we can work closely and in a tailored way to ensure that useful intelligence and information plays a key role during the risk assessment and risk transfer process.

AnotherDay fuses open-source information with the insights drawn from our extensive global footprint and on-the-ground networks in more than 90 countries to provide incisive foresight and informed strategic advice to companies, governments and individuals working in these challenging, unfamiliar or opaque markets.

Intelligence collection to support operations on the ground cannot be too high level, and must be based on tools and human networks that reflect a constantly changing threat environment at a very local level. We have extensive experience in intelligence collection and analysis with exactly this goal in mind, and must utilize specialist technologies and contacts on the ground to succeed.

Back to Our Approach

Identify complex threats

Threat assessment, or ‘risk identification’ could be the most important component of the entire risk management process. This stage takes and analyses intelligence, identifies threat actors’ capability and intent, and sets the scene for assessing what risk scenarios could feasibly affect clients.

The intelligence collected on a constant basis by our consultants identifies the most relevant threat actors for a client - for example, Islamic State, or a local insurgent group, or a restive tribe. We then use the intelligence collected to identify the intent of each group to attack or impact our client’s operations: this mainly focuses on the crossover of the groups ideology and aims with the function and profile of the client assets, and considers their own writings, communications, and previous attack history.

Similarly, we use our data to identify the capability of each of these threat groups to attack our client’s operations in the country too: we’ll look to previous attacks, intelligence that we have on law enforcement operations against such groups, and their own communications to identify how capable they are of carrying out an attack against a hardened target, the likely number of attackers, and weapons used.

From this step, clients have visibility of:

• The threat actors operating in the area, as well as their intent and capability to attack the client’s operations;
• Risk scenarios (such as Vehicle-Borne Improvised Explosive Device) that could be generated associated with this threat actor;

These provide the core foundation of how security professionals should be mitigating risk and planning their future risk reduction measures, including risk transfer into the insurance market.

Case Study

Threat and risk assessment for multinational in conflict zone

We were approached to carry out a threat and risk assessment for an international corporation with sites throughout Ukraine. Many of these sites were situated in close proximity to the ‘line of contact’, in the Donbass region, where an armed conflict between ...

Read case study

Back to Our Approach

Conduct risk analysis

Risk analysis begins to bring the client’s assets into the assessment process: this step ensures that the risk scenarios identified have been evaluated in comparison to the nature of the client’s assets to be protected. It also considers the influence of vulnerabilities and tactics, both of which are key drivers in whether an attack (or other risk scenario) would likely meet with success or failure.

This phase will produce the risk register – that brings together the intelligence, threat assessment, and our understanding of the operations and protection measures associated with the client’s operations built by our team.

• Complement and inform, not replace, existing operational risk registers;
• Identify a range of risks at the intersection of threat and asset;
• Be presented in a graphical, easy to understand format where the links between gathered intelligence, threat, and risk become obvious;
• Provide a clear foundation for any recommendations included in the risk treatment plan, including the likely residual risk that would require transfer to the insurance market.

Case Study

Satellite imagery analysis for insurance

We supported one of the world’s largest insurance brokers to help them respond to a direct attack on a client by a party to the Libyan Civil War, tasking, receiving and analysing sensitive satellite imagery to assess damage and come up with analysis on how the ...

Read case study

Back to Our Approach

Develop risk treatment plans

Once the team has completed the threat and risk assessment, we then compile a comprehensive analysis of security countermeasures and solutions with the client. This document will form the basis of how we believe the client should mitigate the identified threats and risks which have been identified, assessed, and evaluated.

The aims of the Risk Treatment Plan will be to ensure the client appropriately protects expatriates, local staff, ongoing operations, and significant capital investment into assets.

Crucially, the risk treatment plan will seek to match residual risk exposures with heads of coverage in collaboration with broking teams, to prepare for risk transfer.

Case Study

High risk travel support to oil and gas services

We provided end-to-end, multi-year travel security support for a major oil and gas contractor deploying individuals on projects in high risk locations around the world, including Algeria, Iraq, Israel/Palestine, Papua New Guinea and Nigeria. We provided ...

Read case study

Back to Our Approach

Support to insurance placement

By its very nature, insurance broking is effectively consulting: but this is slightly different from taking a ‘consultative approach’ to a particularly complex client. The latter is a decision which is taken to focus the engagement on advisory and risk assessment, which subsequently creates a foundation stone for a very stable (and appropriate) insurance programme. This is a process which involves both consultants and brokers.

This approach lends itself particularly well to the Political Violence market, where there is a dynamic and ever evolving threat which affects complex organisations in wildly different ways. The main steps to this approach are shown above, which integrates consulting (in orange) and broking (in blue) to achieve a number of objectives for clients.

Back to Our Approach

Provide expert risk placement into the insurance market

The ever-evolving geopolitical landscape and workplace mean that client risks are constantly changing. We take pride in our team’s ability to identify risks and advise clients on the appropriate levels of coverage they might need. Combined with a consultative approach, we build insurance solutions that cover physical assets, balance sheets and, most importantly, employees. This ensures that our clients are covered with the correct insurance solutions and are aligned with the current terrorist threat.

Heads of Coverage:

• Terrorism & Sabotage
• Riots, Strikes, Civil Commotion, Malicious Damage
• Rebellion, Insurrection, Coup d’Etat, Mutiny, Counterinsurgency
• Civil War and War
• Active Shooter resulting in property damage, emergency response costs, extra expenses including public relations costs, relocation, counselling, medical expenses and additional security.
• Business Interruption (including Contingent), Loss of Attraction, Denial of Access, Threats and/or Hoaxes, advanced loss of profits, and any declared Extra Expenses.
• Liability towards third parties or employees
• Mobile Assets, Goods in Transit (can be extended to include Confiscation and Detention)
• NCBR Terrorism

Back to Our Approach