Pool Re pushes SME terror cover with steep discounts
Pool Re has launched an incentive scheme offering insurers large discounts on reinsurance costs if they integrate terrorism cover as standard into SME commercial property policies.
The scheme formally launched today (13 April) following an initial rollout on 1 April.
It is aimed at boosting take-up of terrorism insurance among SMEs, where penetration is estimated at just 4–5%.
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