Political-violence cover with looting placed via a global insurer consortium
Multiple clients across diverse sectors including Fast-Moving Consumer Goods (FMCG), dairy, and commodities companies operating in Malawi. Coverage was arranged for stocks and physical assets including stores across multiple locations for a total sum insured of approximately USD 150 million.
General elections were scheduled for September 2025 in Malawi. Based on historical precedent of violence and riots during electoral periods, clients sought to mitigate risks to their ground assets through comprehensive Political Violence and Terrorism (PVT) coverage, specifically including "looting" incidents.
Due to the difficult nature of the risk, no single insurer was willing to provide coverage independently, requiring innovative placement strategies.
This case demonstrates our capability to manage sophisticated risks through deep understanding of client operations, expert contract design, and strategic insurer relationship management. Success in complex placements requires comprehensive market knowledge and the ability to align multiple stakeholders around shared risk participation.
Our EIRS team executed a comprehensive market approach, engaging more than 20 underwriters across key global markets to arrange a consortium of providers with a lead insurer structure. The solution included:
Engineered policy wording focused on specific client requirements
Structured deductibles based on location types (warehouses, depots, retail shops)
Modified exclusions to include 'looting' as covered risk based on historical precedent
Achievement of client's targeted premium rates
Coordinated consortium placement with lead insurer structure across multiple global markets
FMCG Companies
Dairy Industry
Commodities
Comprehensive Coverage
USD 150M in PVT protection
Consortium Placement
Multiple insurer participation
Tailored Structure
Location-specific deductibles
Cost-Effective
Targeted premium rates achieved
Enhanced Protection
Looting coverage included