Terrorism Risk Management

In an increasingly complex world Terrorism risk management has never been more important for organizations to protect their interests. Global extremists aim for sensational destruction and loss of life, and give no warnings. Domestic groups in many countries are becoming more sophisticated. And you do not have to be the intended target-even an attack near your facilities could result in human casualties, property damage, business interruption, relocation costs, long-term damage to reputation and loss of public confidence.

Understanding the risk

Many organizations insure against terrorism without fully understanding the risk or their exposure. Aon’s expert Counterterrorism team has developed a unique approach to terrorism risk management. We combine threat and vulnerability assessments, terrorism risk modeling and incident management planning with the most appropriate and cost-effective insurance solution.

Key benefits of Aon’s Terrorism Risk Management services

• Gain a real understanding of your risk and accurately quantify your financial exposure
• Identify where and how you can protect your supply chain, reduce potential liability, guard against business interruption, and strengthen your resilience and duty of care
• Make informed and justifiable decisions about terrorism risk insurance
• Protect your assets with the most appropriate and cost effective insurance program so you are neither over- nor under-insured

Leading Expertise

Aon’s counterterrorism consulting team comprises former military, intelligence and security service personnel, including individuals who have attended and dealt with more than 1,000 actual terrorist incidents. Our terrorism risk management team has worked with senior government officials in matters relating to counterterrorism legislation, and has led the way with innovative solutions and policy design.

The Aon Difference

Our terrorism insurance broking teams provide a flexible approach. We offer full value or first loss policies, single country or global cover, difference in condition (DIC) wrapping around government pools, full US captive “wraps” and third-party, public and employers’ liability. Aon can provide blended cover from a single market to include the related threats of kidnap for ransom, extortion and political violence-ensuring a seamless solution with no policy ”gaps” and maximum premium efficiencies.

Terrorism Threat Map

Aon produces an annual Terrorism Threat Map, which will be available in April 2009. To register to receive a copy of the map, please complete the Request More Info on this page.