In today’s increasingly perilous and unpredictable social and political environment, organizations conducting business globally have a duty to protect their employees and their families, including from the risk of kidnapping, ransom and extortion. This requires an experienced insurance partner with the breadth and depth of Kidnap, Ransom & Extortion (KR&E) coverage and crisis management services required to step in. Our program is designed to protect employees and their families worldwide while traveling for and conducting business.

The threat of kidnapping is real worldwide, with an estimated 15 countries recording cases of $25 million or more in ransom demands in recent years. However, the costs can go beyond just financial. Kidnappers may refuse to negotiate and use excessive violence to achieve their aims.
Additionally, there has been a rise in express kidnapping where a small immediate ransom is demanded, often by the victim being forced to withdraw money from multiple ATM accounts before left on the street and told to leave the country.

Employees and their families are often victims of threats, extortion, wrongful detention, and disappearance. Or, they find themselves in perilous security conditions where they need assistance in evacuation.

With our program, your insureds will have a partner ready to manage negotiations, liaise with law enforcement agencies, arrange for delivery of ransom funds and ensure the safe return of the employee.

Who We Protect

• Manufacturers
• Wholesalers
• Educational Institutions (Colleges/Universities, K-12 public, private and charter schools)
• Non-Governmental Organizations and Non-Profits
• Churches and Mission Groups
• Consulting Services
• Artisan Contractors
• Engineers

What’s Covered

• Kidnapping or Alleged Kidnapping for Ransom
• Bodily Injury Extortion
• Property Damage Extortion
• Trade Secret Extortion
• Computer Virus Extortion
• Product Extortion
• Detention
• Hijack

Extensions Available:

• Emergency Evacuation
• Recall and Destruction
• Business Interruption
• Loss of Product
• Threat Expense
• Child Abduction

What’s Paid

• Ransom Amount
• Loss In Transit
• Crisis Management Expense
• Personal Accident
• Legal Liability

Broad Additional Expenses

• Consulting Fees
• Travel and Accommodation
• Salary Reimbursements
• Reward
• Personal Financial Loss
• Interest on Loans
• External Security
• Rest and Rehabilitation
• Psychiatric Care
• Medical Expense
• Job Retraining

Services Provided

• Direct independent investigations
• Handle negotiations
• Arrangement and delivery of funds
• Reimbursement of costs associated with a kidnap for ransom
• Access to travel risk information and safe traveler training