Inperio upgrades terrorism product with denial of access

The Lloyds building in London

MGA criticises Pool Re.

Inperio has added denial of access without the need for any physical damage to occur before a policy holder can make a claim to its terrorism insurance product.

The independent managing general agent (MGA) and Lloyd’s coverholder said the Borough Market attacks in London in June 2017 became a wakeup call for the industry to need to consider terrorism insurance more carefully.

It argued that Pool Re had failed to pay many denial of access claims following that event. According to the MGA, this

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