Navigating The Rise In Terrorism Threats
The recent article published by Insurance Thought Leadership, “Navigating The Rise In Terrorism Threats,” by Randy Sadler, Principal Chief Marketing Officer at CIC Services, highlights the economic consequences of terrorism, including disruptions to business operations, increased security costs, and negative impacts on investment climate, insurance costs, brand reputation, and regulatory changes.
To mitigate these risks, businesses should incorporate terrorism into risk assessments, enhance security measures, diversify supply chains, comply with legal and regulatory requirements, and consider captive insurance. By implementing these strategies, businesses can better protect themselves from the financial and operational fallout of terrorist attacks, ensuring continuity and resilience in the face of such threats.