Kidnapping and extortion are significant threats to organizations and those who serve them around the world. Most vulnerable are organizations with employees based or traveling overseas, but those with high profiles or with operations that handle large amounts of cash, or that work with sensitive information, or technology, are also at risk. Properly managing a kidnapping, extortion or other crisis event is essential in protecting the life and well-being of a victim as well as an organization’s assets.
Kidnap and Ransom (K&R) insurance protects organizations against the financial loss that can arise when an employee is seized or detained for ransom or in the face of extortion. Backed by unparalleled consultant, medical, and emergency travel assistance services, we lend organizations the experience and resources typically not provided in-house to manage and resolve these incidents successfully.
*Coverage may not be available in all jurisdictions and is subject to actual policy language. This information is advisory in nature. No liability is assumed by reason of the information in this document.