Maksure’s Political Violence and Terrorism Binder

What class of business is covered?

The Maksure PVT binder is one of the widest facilities in the market. It covers a number of classes of business including:

  • Property and business interruption,
  • Third party liability,
  • Accident classes including motor and goods in transit insurance,
  • Construction,
  • Contingent business interruption,
  • DSU/ALOP,
  • Extensions on various other classes, such as medical insurance.

What are the specific perils covered?

We provide a number of wordings including Beazley and Hiscox wordings. Our PVT policy coverage includes:

  • Acts of terrorism;
  • Sabotage;
  • Riots;
  • Strikes and civil commotion;
  • Malicious damage;
  • Insurrection;
  • Revolution and rebellion;
  • Mutiny and coup d’état;
  • War and civil war;
  • and Counter insurgency.

What is our underwriting capacity?

Our PVT binder is managed by Maksure Risk Solutions UK. It is underwritten by Lloyds of London and we have authority to deploy the following capacities:

  • Any one risk:                                USD40 000 000
  • Any one accumulations:            USD400 000 0000

We have authority to write business from all sub-Sahara African countries.

What underwriting information is required?

We require the following underwriting information in order to provide a quote:

  • Name of client
  • Location
  • Risk to be insured
  • Split of values
  • Coverage sort

For more info regarding our PVT insurance and reinsurance solutions, contact our class specialist Mr. Aeneas Chapinga on Tel +27 11 805 0086 or Email: info@maksure.co.za

About Maksure Risk Solutions

Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We have access into the Lloyds of London with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.

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