PriyaPatel
TLDR:
- Israel-based tech company Gabriel partners with Chaucer Insurance Group PLC and Merrill Herzog Group to provide active assailant insurance product.
- The product combines property damage, business interruption, and liability cover following an active assailant incident.
Israel-based technology company, Gabriel, has joined forces with Chaucer Insurance Group PLC and Merrill Herzog Group to introduce an active assailant insurance product aimed at preventing and mitigating mass shootings. This innovative product combines property damage, business interruption, and liability cover in the event of an active assailant incident at the insured’s location or a neighboring site. Additionally, it provides coverage for business interruption following the threat of an active assailant and loss of attraction after an incident occurs.
The limit for the active assailant cover is set at $10 million for property damage and business interruption, and $5 million for liability. Insured entities such as schools, universities, hospitals, and places of worship purchasing this coverage from Chaucer will also benefit from an incident security dashboard built and installed by Gabriel. Furthermore, Merrill Herzog Group will assist with crisis response should an incident be triggered.
This partnership between Gabriel, Chaucer, and Merrill Herzog showcases a proactive approach to addressing the growing concerns surrounding mass shootings and workplace violence threats. By providing a comprehensive insurance product that includes both prevention and mitigation strategies, the collaboration aims to offer peace of mind to insured entities while promoting safety and security in their respective environments.
