Description

Program Brokerage Corporation (PBC) offers a Terrorism product for all classes of business nationwide. The policy is written for stand-alone acts of Terrorism certified or uncertified with no required claim amount.

NEW COVER: Civil Commotion, Malicious Damage, Riot and Strike.

Why our program might be better suited to your clients than TRIA:

  • Since 9/11, an event on U.S. soil has never been certified as an act of Terrorism and therefore TRIA remains untested for its loss payment.
  • TRIA sets a high bar for claims to be made with large financial policy triggers, deductibles that have increased year over year since 2016 and Federal certification.
  • TRIA is a back-stop solution for the insurance industry, while our policy is tailored to your clients’ individual needs.

Coverage Highlights:

  • Limits available up to $250M for Property Damage and Business Interruption
    • No maximum on total insurable values or number of locations
  • Active Assailant sublimit of $500,000 subject to scheduled values
    • Additional limits available on referral basis
  • Sabotage coverage included
  • Threat and Hoax sublimit of $100,000
  • Denial of Access available up to a 5-mile radius
  • Zero deductible available
  • 24-month policies available
  • Claims-Made Terrorism Liability Coverage sublimit available, up to full policy limits
    • Defense included within limit, Active Assailant Events excluded

Required Documents:

  • ACORD125
  • Schedule of Values
  • 5 Years Loss History

Underwritten by AM Best Company rated “A” XV (excellent)

For more information, please contact:

Gary Shapiro
Office: 516-496-1346
Email: gshapiro@programbrokerage.com

Tom Henderson
Office: 212-338-2946
Email: thenderson@programbrokerage.com

Nicholas Biondo
Office: 516-496-1349
Email: nbiondo@programbrokerage.com

Stefanie Silvio
Office: 401-468-3449
Email: ssilvio@programbrokerage.com

Availability

Applications and Informational PDFs

Request A Quote

Contact Program Brokerage Corporation