Kidnap and Ransom Insurance

Kidnap and ransom insurance policies are necessary for business organisations worldwide, protecting against a range of security risks such as threat and extortion against people, property and information.

Many businesses lack the resources to quickly and professionally respond to threatening situations, so having the appropriate insurance policies in place can help companies to exercise reasonable care whilst going about their day to day business.

Risk management is important for businesses where their operations can land them in dangerous situations. The industries most often requiring kidnap and ransom insurance are those with high levels of international travel for business, oil and gas companies, mining and extractive industries, pharmaceutical companies and financial institutions as well as other high profile industries such as the media and security.

Insurance for High Security Risks

There are many risks which can be insured against through kidnap and ransom insurance, including but not limited to:

• Kidnap extortion
• Hijack
• Wrongful detention
• Threat
• Disappearance
• Hostage crisis
• Assault
• Child abduction

There are a number of related products which can be beneficial for clients alongside kidnap and ransom policies. Other policies which may be useful include cyber insurance and business interruption insurance.

Crisis Solution Insurance

Erskine Murray are a leading broker for business insurance and private client insurance, working with a wide range of selected insurance providers. We pride ourselves on our strong links with our clients and our insurance partners, which allows us to develop a good working relationship and deliver the right products for our clients to keep them protected against the risks they face day to day. For more information about our kidnap and random insurance packages, speak to a member of the team today to discuss your requirements and the level of cover required.