Starr offers coverage for Acts of Terrorism as defined by the Terrorism Risk Insurance Act, as amended, giving the insured the option to accept or reject such coverage.
Starr also offers a coverage option for Acts of Terrorism, within the US and its territories and possessions, not certified under the Terrorism Risk Insurance Act, as amended. Again, the insured has the option to accept or reject such coverage.
In all cases, Terrorism coverage outside of the United States is excluded.
Through Starr Underwriting Agents Limited, Starr Technical Risks has the ability to cover property damage and business interruption for the peril of terrorism. Starr Technical Risks works closely with the recently created Starr Political & Financial Risk team to deliver a prompt response and the maximum available capacity. Starr Technical Risks's initial terrorism offering focused on exposures relating to the industries of energy and industrial risks, but with the creation of Starr's global general property platform along with the Starr Political and Financial Risk team, Starr has extended the reach of its terrorism product to include all first party property risks, including construction.