Extortion, Kidnap and Ransom Insurance
The possibility of kidnap, extortion or illegal detention is a very real threat in today’s global economy. Each year there are about 15,000 kidnaps for ransom generating about half a billion dollars in income. Your executives and employees are not only at risk if they travel internationally, but also face potential risks within our borders.
Whether a travel or extortion threat, the costs of such an event can have a financial drain on your business, even if you pay no ransom monies. More importantly, access to expert resources and negotiators is a critical component to ensuring key personnel and loved ones are returned safely. Our Executive Liability team has significant experience in this placement area, drawing upon the expertise of a panel of experts when needed. Don’t leave your company and your people unprotected.
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