active shooter insurance News

Markets/Coverages: Tech Firm Gabriel Partners With Re/insurer Chaucer and Crisis Mgmt Specialist to Offer Active Assailant Product

Gabriel, an Israel-based technology company that tackles the challenge of mass shootings and workplace violence threats, announced it has partnered with global specialty re/insurance group Chaucer and crisis management specialists Merrill Herzog to provide an active assailant insurance product designed …

The Emerging Market for Active Assailant Insurance

So far in 2022, the U.S. has experienced multiple tragic mass shootings. One only needs to see the images on the news following the shooting at Robb Elementary School in Uvalde, Tex., or the attack during the Fourth of July …

Mass Shooting Insurance Rates Jump as Incidents Rise

The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year following a string of deadly events, insurers said. The United States witnessed 293 mass shootings so far this year, according …

Many Business Leaders Feel Unprepared for Growing Geopolitical Risks, Inflation

Many business leaders feel unprepared for growing geopolitical risks and inflation, according to a report published by Beazley. “Across the UK and U.S., fewer business leaders feel well prepared to manage geopolitical risks. Concerns about the possible consequences of war …

More School Districts Buying Active Shooter Insurance

Insurance broker Paul Marshall can count on his phone ringing in the aftermath of a school shooting. Since the Feb. 14 shooting at a Florida high school, where 17 people were killed and more than a dozen injured, seven South …

Ironshore Adds Endorsement to Address On-Campus Violence, Natural Disasters

Ironshore Specialty Casualty’s Public Entity division has introduced a policy extension offering institutions of higher education an automatic endorsement for expenses related to natural or man-made incidents, including active shooter and weapon wielding incidents, impacting campus operations. Ironshore’s new Campus …

SIU Expands Active Shooter Insurance Program to Include New Classes, Risks

Southern Insurance Underwriters, Inc. (SIU) has expanded its insurance product active shooter program for educational institutions to include most businesses and facilities accessible to the public, such as: Healthcare facilities Religious houses of worship Entertainment venues and events Retail (including …

When the Shooting Stops: The Emerging Risk of Active Shooters

There’s a new insurance market emerging in light of a disturbing reality in today’s world – active shooter risks. The new coverage is meant to address a gray area in insurance policies that may leave insureds vulnerable to claims in …

As Active Shooter Incidents Increase, Industry Addresses Coverage ‘Gray Area’

There’s a new insurance market emerging in light of a disturbing reality in today’s world – active shooter risks. The new coverage is meant to address a gray area in insurance policies that may leave insureds vulnerable to claims in …