Ensurance, a specialist managing general agent (MGA), has expanded its terrorism and sabotage offering to the US and Australian markets.
The company, which is Lloyd’s of London coverholder, rolled out the terrorism coverage in the UK in May this year.
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The product offers complete terrorism and sabotage cover for businesses and a variety of policy extensions, which includes denial of access, non-damage business interruption and loss of attraction.
Commenting on the launch, Ensurance CEO Tim James said: “The response we’ve received from brokers since launching our terrorism & sabotage offering to the UK property market has been considerable.
“This has enabled us to bring forward our plans to expand our product to the US and Australia where we’ve identified a similar challenge in terms of a lack of existing facilities that provide the required extensions of cover.
“We hope to replicate the early success our terrorism and sabotage underwriting team has achieved in the UK as we continue to grow the range and geographic reach of our book.”
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By GlobalDataEnsurance operates as an independent MGA and offers insurance directly for the construction and engineering sectors. The insurer also partners with brokers and insurers in the UK and across Europe.
Launched in 2017, Ensurance is a wholly-owned subsidiary of Australia-based insurer Ensurance Ltd.
