Highlights
- Kidnapping
- Express kidnapping
- Hijacking
- Detention
- Extortion
Best For
- Companies with employees and corporate assets in high-risk locations.
- High-profile families
- Category: Global Crisis Insurance
- Industry: Aerospace, Energy, Private Equity, Sports & Entertainment, Construction & Real Estate, Financial Institutions, Media & Technology
- Group: International Group
We tailor comprehensive kidnap and ransom (K&R) policies for a variety of risks, including but not limited to: religious institutions, educational institutions, hospitals, athletes, natural resources industry and NGO humanitarian and development organisations.
Summary of Coverage
The threat of kidnapping and extortion is increasing at an alarming rate. Incidents occur world over and not just in the usual hot-spots. It affects:
- Companies, operating or sending employees abroad on business travel, that are especially at risk; concerned about the duty of care they have to their employees and any potential security risks.
- Families travelling or residing in countries where such crimes are prevalent.
For those who fall victim, immediate specialist assistance is crucial for a possible positive outcome. Extensive resources are needed for effective response, such as negotiation, on the ground support, as well as practical and emotional advice both during and after the occurrence.
Tokio Marine HCC provides tailor-made K&R insurance solutions for the international market that address the concerns of global and local risk managers & security directors of companies whose employees and corporate assets are at risk, as well as high-profile families. Our policies are available in English, Dutch, French, German and Spanish.
