Kidnap & Ransom Insurance
While we don’t like to consider a kidnap and ransom (K&R) risk, it is an unfortunate reality in today’s world, both domestically and globally. Luckily, you have support and insurance solutions available in mitigating and managing this kind of crisis.
Kidnap & Ransom Incidents
Incidents are on the rise. For example:
- Hostage takings
- Extortion incidents
- Armed assaults and political evacuations
- Ransom negotiations and delivery expenses
- Other unique K&R related incidents
Insurance solutions for kidnap & ransom events
According to CoreReport, the number of war, terrorism, unrest and violent crimes being reported around the world is growing, with specific hotspots in Asia, Africa, Middle East and South America.
If you do business internationally, it is in your best interests to protect your assets from harm and a financial disaster.
An insurance solution with coverage extending to:
- the company, its directors and officers, and full-time, part-time, seasonal, leased, and temporary employees
- independent contractors
- volunteers and interns
- relatives of employees
- guests on the company’s premises or in an employee’s home
- any person retained to deliver a ransom
Reliance works with expert crisis consultancy services to help you avoid a crisis. We partner you with a coordinated coverage plan and a seamless global crisis handling solution should an event occur.
Avoid a crisis by partnering with Reliance
You may need:
Protect your digital and financial assets against cyber attacks.
Directors & Officers
As a director or officer, protect yourself from being sued.
Don't let the loss of a key person in your organization be the death of your business.
US and International Coverage
Create a solid foundation for your global business.
The team at Reliance Insurance has been proactive in making sure we have adequate coverage for the risks our business engages in. They've done a great job protecting our company, property and assets and ultimately our shareholders.
— Zurich Insurance
The real threat of the theft of electronic and hard copy data
The real threat of the theft of electronic and hard copy data There are always opportunists who will act quickly to exploit a major event […]
Cyber security experts comment on worldwide ransomware attack
On September 23, 2019, the United Nations and twenty-seven countries have signed a joint agreement on what constitutes fair and foul play in cyberspace. But the […]
Breaking down cyber attacks
Breaking down cyber attacks In insurance we promote the importance of being protected from cyber attacks or social engineering. Insurance can help cover the costs […]
© Copyright 2023 Reliance Insurance Agencies Ltd. All Rights Reserved.