UK public sector terrorism insurance increases more than 300%

UK public sector terrorism insurance increases more than 300%

Posted by Admin on 04 January 2018

Extracts from an article by William Eichler, Editorial Assistant at LocalGov.

"The total value of public sector awards and frameworks for insurance services that included terrorism cover increased by over 300% in one year, according to new research.

Tussell, a market analysis company which specialises in public procurement, found that the value of insurance services including terrorism grew from £13m to £56m between 2016 and 2017 — a 331% year-on-year increase."

Read the full article on LocalGov's website.