Protect Duty legislation impact to cascade through liability insurance value chain, warns Pool Re

Houses of Parliament

Proposed legislation that will require the owners and operators of publicly accessible locations to mitigate the threat of terrorist attacks will have major implications for the entire liability insurance value chain, Pool Re chief underwriting officer Steve Coates has said.

Speaking on a webinar organised by the Insurance Institute of London last week, Coates detailed a range of impacts the legislation could have, from risk managers having to reconsider how much cover

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Legislation to boost public venues’ resilience to terrorist attacks, known as Martyn’s Law, has been confirmed as part of the government’s agenda for the current parliamentary session in the King’s Speech.

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