UnitedHealthcare CEO’s killing shows why companies spend millions to protect their top executives

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UnitedHealthcare CEO Brian Thompson had an in-house security detail assigned to him during his trip to New York City, according to a source familiar with the company’s security, but the detail wasn’t with him when he was shot and killed in front of a hotel early Wednesday morning.

It’s common for top executives of major corporations to have personal security provided by their companies. Those measures are often significant expenses listed in corporate filings, though UnitedHealth Group, UnitedHealthcare’s corporate parent, doesn’t break out the cost in its own filings.

But a former senior security director at another major insurance company told CNN that it can often be difficult to get executives to accept security, even when there are threats. “We had a robust executive protection team,” he said. “We had many threats from disgruntled members dissatisfied with their coverage, particularly those whose prescriptions…expired and would not be refilled. This shooting may have been random, but there could certainly have been someone who had motivation.

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