Kidnap & Ransom

Overview

The threat of kidnapping and extortion continues to grow abroad. Domestic incidents of threats and workplace violence are also on the rise.

When crises like these happen, it can have a devastating effect on the organization and family involved. With Tokio Marine HCC’s support, you will have peace of mind that your employees and corporate assets are well protected in the US and abroad.

Key industries

Corporations with employees travelling abroad for work
Organizations with international operations or locations
Journalists, Religious Groups or Non-Governmental Organizations (NGOs) with travel to high-risk areas
Professional athletes, musicians, and entertainers
Academic Institutions
High net worth individuals and their families

Highlights

Capacity up to $50 million or currency equivalent
Policy periods up to 36 months
24-hour crisis hotline
Worldwide coverage
Coverage can be secured on a short-term basis, for individual trips or for an entire organization, including relatives and guests of insured persons.
Policy can be issued under a code name to preserve confidentiality.
Indications available based on preliminary underwriting data.
Ability to offer tailored policies for a variety of risks, including but not limited to: religious institutions; educational facilities; hospitals; NGOs; small and large corporations; musical touring acts; film and television production.
Immediate access to Unity Advisory Group’s consulting services across a variety of topics related to security and executive protection.

Summary of coverage

Our products are critically important in fulfilling a company’s duty of care and legal liability responsibility to their employees. This is especially important when they are operating in high risk and/or developing environments.

Our Kidnap & Ransom policies provide worldwide coverage for perils including extortion; detention; hijacking; virtual kidnapping and express kidnapping. Benefits include not only ransom, but also legal liability, surrendered personal belongings, and additional expenses, such as medical expenses and lost salary. It is important for our clients to know that the fees and expenses of our response firm are unlimited no matter the duration of the incident or covered event.

Claims scenarios

THREAT

A bank manager receives a number of threatening e-mails from a former employee who recently was dismissed.

EXTORTION

A Country Manager of an NGO, an El Salvador citizen, receives a series of telephone calls at his home and on his cell phone from an unknown caller who threatens to kidnap a member of his family, if he does not pay a specified amount of money.

VIRTUAL KIDNAP

An insured’s 18-year-old daughter answers a call from an individual stating that he has kidnapped her father. The caller demands cash and valuables as ransom. Fearing for her father’s life, the daughter follows the caller’s instructions, gathers cash and valuables from around the house, and drops the bag of “ransom” outside of a nearby church as instructed by the caller. The daughter later learns that her father was safe and not in any danger.

DISAPPEARANCE

A policyholder is concerned for the safety of his adult daughter who is visiting Cancun, Mexico, with her boyfriend, to attend a series of annual musical events and concerts. He receives a series of strange and concerning communications from his daughter and her boyfriend. The last text messages from his daughter included the word “Help” and “911”. Subsequently, he did not hear from his daughter for two days.

Get in touch

Danielle Bouchard

Senior Vice President, Specialty Underwriting

Teagan Duckett

Specialty Underwriter

Natasha Vet

USA - Senior Underwriter, Kidnap & Ransom

Scott La Croix

Canada - Vice President, Head of TMHCC Specialty Canada Operations

Unity Advisory Group

Unity is a leading and trusted international provider of security, risk, and crisis response services operating from a network of global offices. Unity’s crisis response leaders are full-time employees whose collective experience totals more than 1,800 led and supervised cases in over 90 countries by current team members, including the world most challenging locations. Unity Advisory Group places a strong emphasis on prevention and pre-incident planning to our policyholders. Unity provides our Insureds with a range of complimentary services to reduce their exposure to prevalent risks and threats.

Learn more about Unity Advisory Group

On Call International

For over 25 years, On Call International has provided fully customized travel risk management services protecting millions of travelers, their families, and their organizations. Whether it’s a medical crisis, political threat or even a common accident such as a missed flight, On Call’s comprehensive travel risk management programs integrate world-class medical and security resources that help reduce risk exposure and the burdens these exposures can bring. Through intelligently blended capabilities and cost management strategies, we offer our clients greater operational efficiencies, economies of scale, and fully flexible products that are aligned with their unique needs.

Learn more about On Call International

Documents & forms