Recent "mass casualty events", including terror attacks, have prompted a growth in the speciality active shooter insurance market. XL Catlin launched its product, which has a maximum capacity of $20m per risk, in February 2016, while Beazley launched its active shooter coverage in the same month, with up to $35m available. Hiscox unveiled its policy in October 2016, but recently included knife or vehicle attacks in its definition, while Ironshore launched its Terrorism Crises 360° management response service and active shooter coverage in September 2016.
Recent "mass casualty events", including terror attacks, have prompted a growth in the speciality active shooter insurance market. Beazley launched its product, which has a maximum capacity of $20m per risk, in February 2016, while XL Catlin launched its active shooter coverage in the same month, with up to $35m available. Hiscox unveiled its policy in October 2016, but recently included knife or vehicle attacks in its definition, while Ironshore launched its Terrorism Crises 360° management response service and active shooter coverage in September 2016.