Terrorism is excluded or limited under many standard property policies. A standalone policy can cover exposures excluded by the main placement, including Property Damage and Business Interruption, subject to policy terms, conditions, limits and exclusions.
Specialist Terrorism insurance for commercial and residential risks.
Terrorism cover sits outside most standard Property policies. Where a client’s building, portfolio or business interruption exposure is not protected by their main placement, a standalone Terrorism policy can cover that gap.
MX underwrites Terrorism risks on behalf of its insurers, across a wide range of residential and commercial risks. We write both binder and open market business, allowing us to consider risks that fall outside standard appetite.
Our definition of Terrorism
“An act of Terrorism means an act, including the use of force or violence, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s), committed for political, religious or ideological purposes including the intention to influence any government and/or to put the public in fear for such purposes.”
Our appetite
We consider Terrorism risks across:
- Commercial property, single locations and portfolios
- Residential property
- Political and religious properties
- All terrorism zones, including Zone A
- Risks requiring extremely high sums insured per location
- Risks requiring terrorism PL extensions due to the Protect Duty
- Contract Works risks
- Risks that require non-12 months duration
Features
Sums insured
Flexible Property insurance
Insure individual properties or businesses, and as a portfolio owner, choose which properties to cover. No anti-selection rules.
No average clause
Set a first-loss sum insured without needing to determine the full reinstatement value of the premises.
Automatic sub-limits
Cover includes sub-limits for Denial of Access, Failure of Public Utilities, and Seepage, Contamination and Pollution.
Non-Damage Business Interruption
Non-Damage Business Interruption and Denial of Access cover included as standard, extending to a one-mile radius.
Optional extensions
Option to include up to £10M of Chemical, Biological, Radiological and Nuclear (CBRN) cover by referral. Terrorism Public Liability and Terrorism Cyber extensions are also available as options.
Flexible terms
Excess
A £250 excess applies as standard
Online quotes
Standard risks can be quoted and bound online through our online platform subject to the acceptance criteria.
Work your way
Pricematch / Rollover
Always considered!
Why MX?
MX combines specialist Terrorism underwriting expertise with broad market access and a flexible approach to placement. We support brokers with high sums insured and capacity across all terrorism zones, including Zone A, and can consider both binder and open market business. With options such as day one uplift, non-damage business interruption and denial of access cover, as well as the flexibility to structure cover around individual client requirements, we work with brokers to deliver tailored solutions for a wide range of risks. Our definition of Terrorism includes acts committed by individuals acting alone, as well as acts committed by groups or organisations.
We also offer flexibility around dates, policy periods and limits, allowing clients to insure only the assets they require without the need to mirror underlying placements or comply with underlying policy conditions. Additional extensions, including Public Liability and terrorism cyber cover, can also be considered where required.
The Zorinn Advantage
With MX, you gain access to Zorinn, our trading platform.
- Quote, edit, bind risks, and download documents to send directly to your clients
- Make mid-term adjustments, endorsements, cancellations or NTUs
- Automated renewals generated one month before the renewal date
- Access your policies 24/7
- No per-organisation user limit applies
- Secure hosting in Europe, with 128-bit encryption
- Claim notification feature and monthly account reconciliation
Related covers
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Property Owners insurance
Protect your client's occupied and unoccupied Property risks with solutions tailored to their risks. -
Commercial Combined insurance
Support your clients with flexible, comprehensive cover designed for a wide range of business sectors. -
Terrorism Liability insurance
Please contact James Woolerton. -
Terrorism Cyber Insurance
Please contact James Woolerton.
FAQS
MX combines specialist Terrorism underwriting expertise with flexible solutions for a wide range of commercial and residential risks. We can consider high sums insured, Zone A locations, contract works and non-standard policy periods, with both binder and open market options available. Our underwriters work directly with brokers to understand the risk and identify appropriate cover and structure, subject to underwriting.
We can consider risks in all terrorism zones, including Zone A, subject to underwriting and to policy terms, conditions, limits and exclusions.
Individual properties or businesses can be insured, and a portfolio owner can choose which properties to include.
Up to £10M of Chemical, Biological, Radiological and Nuclear cover can be included by referral, subject to underwriting and to policy terms, conditions, limits and exclusions.
Yes. Terrorism Public Liability cover is available as an optional extension, subject to underwriting.
Non-Damage Business Interruption and Denial of Access are included as standard, extending to a one-mile radius, subject to policy terms, conditions, limits and exclusions.
Policies can be agreed for periods longer or shorter periods than 12 months; and often do.
Contact us
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James Woolerton
07503742676
JWoolerton@mxunderwriting.com
Managing Director - Special Risks
