The pressing case for political violence and terrorism insurance in Southern Africa

No business can ever say with certainty whether or not it will be safe from the threat of political violence or terrorism (PVT). Even seemingly innocuous businesses can unexpectedly find themselves on the receiving end of violent protests.
Cameron Cupido, CEO, Reinsurance Solutions Intermediary Services |
Political violence
This was certainly the case in September 2020 when Clicks became the target of protest action. A racist advert on the chain’s website sparked violent protests by Economic Freedom Front (EFF) members that ultimately saw seven branches damaged and more than 400 stores closed.
As a health and beauty retailer, Clicks was an unlikely candidate for political violence. However, this incident highlighted just how quickly events can escalate, affecting even those entities deemed ‘safe’ from such violence.
A business doesn’t even have to be the intended target of protest or terrorist action for it to suffer loss or damage as a result of