Kidnap & Ransom
Acts of kidnap on land and piracy on the high seas are now foreseeable events. Businesses and organisations which face potential loss from ransom payments, business interruption, litigation and long term reputational damage need sensitive crisis planning and risk transfer solutions.
Catlin provides security to our policyholders through insurance products such as Kidnap & Ransom and piracy.
We have specialist Asset Protection underwriters in Singapore, Australia and across the UK.
Kidnap & Ransom coverage highlights
- Kidnap, extortion or piracy – ransom reimbursement
- Ransom Lost in Transit
- Wrongful Detention – all expenses associated with the incident
- Personal Accident – a lump sum for injury or death for those involved
- response consultant costs on an unlimited basis
- all reasonable additional costs
- limits up to USD 50m
- access to travel risk information.