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XL Catlin today announced it has introduced Active Assailant coverage to its Crisis Management product suite to respond to the threat of physical attack faced by businesses and public service providers. Speaking on the cover Stephen Ashwell, XL Catlin’s Chief Underwriting Officer for Crisis Management said: “Sadly, global terror events and a number of recent, high profile attacks carried out by terrorist groups and individuals has brought into focus the need for such an insurance solution.” “Active Assailant coverage will initially be underwritten in the UK, U.S., Germany and Asia Pacific covering clients globally. The solution is designed to help organisations with the financial impacts of Active Assailant events ranging from business interruption, denial of access through to medical expenses and business rehabilitation costs.” Importantly, this coverage is broad, and responds to premeditated events, which is a key differentiator. XL Catlin believes there will be significant demand for the solution and has added additional capacity to support its development. As well as providing coverage for standard Property damage, Active Assailant coverage also provides coverage for Business Interruption including a determination by authorities that the Insured’s operations have to cease at their current location. Business Interruption coverage can be extended to include Denial of Access and Civil & Military authority coverage, which occurs when access and/or use of a facilities is either impaired or prohibited for a period of time following an Active Assailant event. The new endorsement also provides enhanced Extra Expense coverage, which may include expenditures related to public relations assistance, relocation, counselling and/ or psychiatric care, medical expenses, additional security and job retraining. Commenting further, Mr Ashwell said: “Incidents of this nature are terrible in all cases, that’s clear. Without the right insurance cover however, the aftermath can be just as devastating; crippling organisations and their function in society. This is why we have developed this coverage to help address the gaps there are in existing solutions, in a thorough and thoughtful way.” Carrie Huang, Underwriting Manager, War, Terrorism, Political Violence, Asia added: “The economic cost of active assailant attacks has reached its highest ever level in the last few years. As ramifications are felt more widely across the world, this in turn leads to increased demand for terrorism insurance in various Asian markets, especially among those companies with a global footprint.” Shelley Devane, Head of Crisis Management, Australia, commented: “As security risk becomes relevant in developed economies as well as emerging countries, Australian businesses also become more susceptible to threats to their people, assets and operations.” About XL Catlin’s Insurance Operations XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit About XL Catlin XL Catlin is the global brand used by XL Group plc’s (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit