Political Unrest Continues in Thailand
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Political Unrest Continues in Thailand

Protesters have amassed recently in Bangkok, Thailand, calling for new elections, storming Parliament, and disrupting business in the capital. More than 30 embassies and the Tourism Authority of Thailand have advised foreign visitors to stay away from the protests. Several schools were also closed. 

The recent protests reflect the political unrest Thailand has experienced over the past few years.

"These events highlight the very real issues companies face today," noted Robin Armstrong, Chief Executive Officer, Marsh Thailand. 

"Organizations have to contend with numerous threats, including terrorism and political unrest. However, there are a number of risk management and insurance solutions available to businesses to protect against terrorism and political violence," Armstrong added.

"The primary objective of any program is to have the shortest recovery time possible to stabilize the situation and protect life, property, the environment, reputation, economic viability, brand identity, and consumer trust. Business continuity management and crisis management are crucial elements for all companies, and property owners typically purchase terrorism and political violence insurance to cover their potential losses and liabilities resulting from terrorist and political activities," according to Armstrong. 

Coverage can be specifically tailored to address many of the concerns of businesses and property owners, including where damage occurs to critical suppliers, customers, or public infrastructure. Coverage is also available for events involving nuclear, chemical, biological, or radioactive materials and weapons.


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