Risk management or loss-control measures a company can take to mitigate the effects of a terrorist event vary a great deal depending on the geographic location, what you do as a business, and the industry you're in, says Ben Tucker, Head of Terrorism and Political Violence for XL U.S.
XL Group launched a new Crisis Management team in September, which focuses on Terrorism, Political Violence and Kidnap, Ransom & Extortion.
“I've seen clients over time take different approaches. For example, a risk management approach in a hotel in the Middle East vs. a hotel in the U.S.,” Tucker says.
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