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War, Terrorism & Political Violence

War, Terrorism or Political Violence can take a huge toll on a company, from property damage to business interruption losses. Our solutions are tailored to transfer those risks, whether that’s through a bespoke policy wording for an industry-specific risk or an efficient digital solution for high-volume portfolios of risks.

Introduction

War, terrorism or political violence can take a huge toll on a company, from property damage to business interruption losses. Our solutions are tailored to transfer those risks, whether that’s through a bespoke policy wording for an industry-specific risk or an efficient digital solution for high-volume portfolios of risks. 

The experienced and ambitious team at Convex underwrites risks for clients and brokers worldwide, including in the UK. Our wide range of cover includes emerging nuclear, chemical, radiological and biological risks. In some instances, we also cover property damage arising from cyber terrorism. And we welcome submissions from brokers on all risk types, both operational and construction.

For general questions feel free to ask the team directly via email at their team inbox.

[email protected]

Michael Jordan

Senior Underwriter

For around 10 years before joining Convex, I was underwriting War, Terrorism and Political Violence risks at Hiscox. My main focus there was on developing products to cover risks like nuclear, chemical, biological and radiological malicious acts. So I’m comfortable with – and really enjoy – tailoring bespoke products to clients’ unique requirements.

Convex offered an unmissable opportunity to work with highly talented, knowledgeable and driven people. Everyone shares that character right across the business. They’re prepared to do things differently; to take new and distinct approaches. And they’re very collaborative, working across multiple lines of business to offer clients and brokers a high level of service.

The opportunity to partner that knowledge and drive with a legacy-free position and a data-led approach was a big draw for me, too. It means we’re well placed to address emerging risks that are relevant to our clients – and to do so in a completely fresh way.

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Who we do business with

We service the full spectrum of clients worldwide, both in scale and in sector. That means we can cover office and banking risks, as well as transport and infrastructure, energy, power and mining, public entity, manufacturing, entertainment venues and fine arts.

Our focus is on clients and brokers who want to build long-term relationships, so we can really get to know them and their business. We also like to work with clients who have a deep understanding of the risks they face, including the emerging risks that are relevant to their industry and specific way of doing business.

Clients who share our belief in data-led approaches appeal to us too. The better presented the information we get, the more relevant cover identified and better-priced the risk. And being data-driven means that we can offer efficient digital solutions for high-volume portfolios of risk.

How we work

Years of combined experience, along with our $200m line size, 96-month maximum period and legacy-free position, give us a competitive edge in the market. But we aren’t just here to provide extra capacity. We want to win business because we can serve clients better, directly or through brokers, by doing things differently and solving specific needs. It’ll help us to build the lasting relationships we want, as well as make our work more rewarding.

That’s why, when we assess each risk, we consider its distinct characteristics and, if relevant, create a bespoke solution. That’s rather than offering lengthy policy extensions that aren’t necessarily relevant to your sector.

Finally, if clients need to claim on their policy, we’ll collaborate with our claims management colleagues to get a swift and smooth resolution.