Learn more about the risks facing companies today and tomorrow in our KNOWLEDGE & INSIGHTS CENTRE
Growing awareness
Growing reports of terrorist attacks in certain regions have aroused worldwide this threat. While Thailand companies have not been direct targets, businesses should still consider the risk to their operations as a result collateral damage from an event, and to their overseas operations which may be at risk.
Risk mitigation
With no control over the timing, severity and location of such events, a risk mitigation strategy of safeguarding against the risk by taking out appropriate insurance on the property and resulting lost income, could mean the difference between minimising losses and irreparable damage to the organisation.
Sectors that may possibly have a higher exposure to this type of event include:
- Hospitality and Leisure, including hotels, integrated resorts, casinos, stadiums and sports centres
- Media and Telecommunications, including transmitters, studios and tower structures
- Infrastructure (tunnels, transportation systems, waste treatment, land reclamation work and roads)
- Government, Public and Facilities buildings (Embassies, Ministry buildings)
- Public Supplies (Power and Energy, Water and Gas)
- Financial Institutions
- Educational establishments
- Residential buildings (Apartments and Condominiums)
- Shopping malls and Office Complexes
Our Property Terrorism insurance against Acts of Terrorism is specifically designed to cover the following risks:
- Sabotage - Deliberate subversion to cause harm or destruction of property
- Terrorism - The unlawful use of violence against persons or property including policy objectives
* Note:
- This is not a contract of insurance. All benefits and coverages are subject to the policy terms, conditions and exclusions and to the limits indicated under the selected plan (if any).
- Please ensure you read carefully and understand the insurance coverages and conditions prior to making a decision.