Aon launches Public Protection Policy, helping companies to support victims of terrorism
Aon has collaborated with Pembroke Managing Agency at Lloyd’s to develop Public Protection Policy (PPP), a solution designed to help businesses provide timely financial support to individuals affected...
...by a terrorist attack on a company’s premises or owned space.
As the focus of terrorist attacks shifts towards mass human casualties, protecting individuals from external harm has become increasingly challenging. Companies operating in public spaces or with exposures due to their public footprint are battling security exposures that continue to evolve.
When members of the public are injured in a terrorist attack, it can often take months for those affected to receive financial aid from either the government or (where available) charity funds. PPP has been created in response to the growing need for a solution that reflects the very real cost to families impacted by these tragic events.
An aggregate policy limit of up to USD 50,000,000 per event enables firms to take a responsive and structured approach to such attacks, while providing a measure of relief to those affected.
- Direct support to terrorism victims and their families
- Timely financial support for victims
- Aggregate policy limit up to USD 50,000,000
- Focused on employees and third parties - people rather than property
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