XL Catlin launches terror product for fleets
New offering has $25m of capacity for any one risk.
XL Catlin has launched Auto Terror Protect for companies with fleets of vehicles which could be used as a weapon in a terrorist attack.
The product has been designed for fleet operators, vehicle rental companies, haulage and logistics companies.
The insurer explained that it will work as a contingent umbrella cover for any existing motor and third-party liability policies.
The provider listed that the new offering, which will be underwritten in London and available via brokers for UK
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