Commonwealth Insurance Launches “Active Threat Solutions” to Address Emerging Risk
June 13 2018 - 11:41AM
Business Wire
Active Violence in Today’s World: A Growing
Threat to Business and Beyond
Taking proactive measures to secure effective insurance coverage
against violent threats including active shooters, has proven to be
both hard-to-find and expensive for the majority of small to
mid-sized businesses in the U.S. One innovative brokerage firm,
Commonwealth Insurance Advantage (Commonwealth) has
committed its senior management team to join forces with its U.S.
and global business partners to develop a comprehensive new
coverage for “active violence” situations in both work and public
spaces.
Partnering with industry experts, including U.S.-based national
program administrator Intercorp, Inc., the London Market,
and a leading, global crisis management firm, Commonwealth has
structured a highly sophisticated, active violence response group
skilled in best-practice consulting with proven crisis/risk
management experience. Working with Commonwealth’s team, our
partners provide upfront awareness and training, deploy seasoned
and highly-trained responders to any insured situational threat,
and remain involved through counseling, liaison with the press,
plus on-site and post-event coordination with local
authorities.
Announcing the firm’s commitment to helping insureds and the
brokerage community introduce this new and multi-faceted product,
Commonwealth president, Eric Bossard, stated, “Our team is focused
on delivering this unique coverage to the marketplace. Our new
program, Active Threat Solutions (A.T.S.), is aptly named
because it accurately sums up our mission to provide our clients
with proven solutions to this emerging violent threat in both the
public and private sectors. We are privileged to be partnering with
Lloyds of London, Intercorp and others on this ground-breaking
insurance initiative.”
Adam Berg, VP of Strategy & Operations at Commonwealth
added, “Our new Active Threat Solutions program is a claims-made,
third-party liability coverage for lawsuits, on-site disaster
assistance and follow-up counselling services. The coverage is
available to a wide variety of industries including senior living,
education providers, entertainment venues and retail operations, to
name a few.”
Commonwealth can offer this new liability product in all 50 U.S.
States. To learn more about the Active Threat Solutions
program, visit our website at www.commonwealthinsure.com, contact
us directly at ATS@commonwealthinsure.com or call us at (609)
285-3985.
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Commonwealth Insurance AdvantageAdam Berg,
609-285-3985aberg@commonwealthinsure.com