However, the realities of the insurance market are such that current…
However, the realities of the insurance market are such that current policies from insurance companies for large industrial facilities exclude terrorist risks and drone attacks. According to her, standard policies do not include terrorism and sabotage risks, and most insurers are unwilling to insure large industrial facilities against these threats.
Consensus
- All Wildberries warehouse complexes were insured.
- Standard insurance policies for large industrial objects do not cover terrorist risks or drone attacks.
- Major Russian insurers are unwilling to provide coverage for terrorism and sabotage risks on large industrial sites.
- Drone attacks occurred on 18 and 22 July in multiple regions: Moscow Oblast (Electrostal), Tambov Oblast (Kotovsk), Krasnodar Krai (Krasnodar), and Stavropol Krai (Nevinomyssk).
- Tatyana Kim, founder of Wildberries, stated that the current insurance framework is inadequate and called for systemic solutions.
- Wildberries has initiated support measures for affected sellers, including early payments and a sales simulator.
Points of divergence
- The total area of damaged Wildberries warehouses amounts to 552 thousand square meters (about 10% of the company's logistics capacity), with potential losses reaching up to 50 billion rubles. — fontanka
- The warehouse in Tambov Oblast exceeds 108,000 sqm; Electrostal is 250,000 sqm; Krasnodar and Nevinnomyssk are each 100,000 sqm. — interfax
- The Russian Investigative Committee has opened criminal cases for terrorism related to the attacks. — kommersant
- There is a growing demand from large businesses for drone and terrorism risk insurance, with over 100 inquiries received by one insurer in just several days. — fontanka
Coverage (6 sources)
- No longer a coincidence. Why it's so hard to insure against drone attacks even if you are Wildberries — Фонтанка
- Kim: All Wildberries warehouse complexes are insured — Вести
- Drone attack is not an insurance case: Wildberries warehouses were insured but this did not help — Фонтанка
- Kim Says That Warehouse Insurance for Wildberries Does Not Cover Drone Attack Risks — Интерфакс
- Sellers to receive first payments today; Tatiana Kim comments on drone attacks on Wildberries warehouses — Фонтанка
- Tatyana Kim Clarifies Insurance Conditions for Wildberries Warehouses After Drone Strikes — Коммерсантъ
Key entities
- Wildberries
- Tatyana Kim
- Moscow
- RWB
- Moskovskogo
- WB
- Tambov Oblast
- INTERFAX.RU
- Fontanka
- Stavropol Krai
- Rosgosstrakh
- Electrostali
- Krasnodarskogo
- RvB