Kidnap & Ransom

Summary of Coverage

Whether the insurance need is for an individual executive, entertainer, or athlete or for a multinational corporation, Tokio Marine HCC - Specialty Group has the experience, knowledge and time-tested commitment to these niche markets to provide you with a meaningful insurance solution.

Our products are critically important in fulfilling a company’s duty of care responsibilities to their employees when they are operating in high risk environments on their behalf.

Our kidnap and ransom policies provide worldwide coverage for perils including extortion, detention, hijacking, as well as kidnap and ransom. Benefits include not only ransom, but also legal liability, surrendered personal belongings, and additional expenses such as medical expenses and lost salary. Another key feature of our coverage is providing clients unlimited fees and expenses for crisis response and 24/7 access to a leading crisis management firm, Unity/On Call.

Unity is a leading and trusted international provider or 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 1,420 led and supervised cases in over 70 countries by current team members, including the world most challenging locations. Unity places a strong emphasis on prevention an pre-incident planning and provide policyholders with a range of complimentary services to reduce their exposure to prevalent risks and threats.

Learn more about Unity Advisory Group

For over 20 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

Claims Scenarios

THREAT:

General counsel of a bank received a number of threatening e-mails from the beneficiary of a trust administered by the bank.

EXTORTION:

Country Manager of a NGO, an El Salvador citizen, received a series of telephone calls at his home and on his cell phone from an unknown caller who threatened to kidnap him or his family if he did not pay a specified amount of money.

VIRTUAL KIDNAP:

An insured’s 18 year old daughter answered a call from an individual stating that he had kidnapped her father. The caller demanded cash and valuables as ransom. Fearing for her father’s life, the daughter followed the caller’s instructions, gathered cash and valuables from around the house, and dropped the bag of “ransom” outside of a nearby church as instructed by the caller. The daughter later learned her father was actually in no danger and that it had been a ruse.

DISAPPEARANCE:

A policyholder was concerned for the safety of his adult daughter who was visiting Cancun, Mexico, with her boyfriend, to attend a series of annual musical events and concerts. He received 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.   

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