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Kidnap & Ransom Insurance

As corporates expand their activities into increasingly high-risk countries their employees are operating in or travelling to territories where their safety cannot be guaranteed. With kidnappings around the world estimated to have increased by 100% in the past six years and the increased focus on corporate responsibility, senior management must pay closer attention to the personal safety of its staff than ever before.

Any company, large or small, can become a kidnapping or extortion target though size, profile and geographical spread can increase the risk. Oil & gas, mining, construction, pharmaceutical, telecommunications and financial industries are the most commonly targeted.

The threat of kidnapping has traditionally been associated with Latin America but is now a global issue. Any company with employees operating or travelling overseas, especially in high-risk territories in Africa, Asia, the Middle-East and Latin America, should consider a Kidnap & Ransom insurance policy.

A Kidnap & Ransom insurance policy offers much more than just kidnap protection. It also provides cover for extortion and products extortion that pose an increasing threat to businesses.

In the event that your business is confronted with a kidnap or extortion situation, the policy will provide you with the services of a leading response consultancy whose primary role is to help you achieve the quickest and safest possible release of the victim. These consultants can also provide crisis prevention and management advice which can be used as a useful risk management tool.

Marsh has had a dedicated team of Kidnap and Ransom specialists for over 20 years whose expertise has secured a large book of family and corporate business. We can work with you to identify the risks your business is exposed to and ensure that the right insurance cover is in place and the most appropriate response consultant is available to you.

 

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Dublin Tel: +353 1 202 6000
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Marsh Ireland Brokers Limited, trading as Marsh Ireland, Bowring Marsh, Charity Insurance, Echelon Claims Consultants, Guy Carpenter & Company, ILCS, Insolutions, JLT Ireland, Lloyd & Partners, Marsh Aviation Consulting, Marsh Claims Management Services, Marsh Claims Solutions, Marsh JLT Specialty, Marsh Reclaim, Marsh Risk Consulting, is regulated by the Central Bank of Ireland.. Marsh Ireland Brokers Limited is a private company limited by shares registered in Ireland under company number: 169458. VAT Number IE 6569458D. Registered Office: 25-28 Adelaide Road, Dublin 2, Ireland, D02 RY98.

Directors: T Colraine (British), A J Croft (previously Kehoe), P G Dromgoole (British), J Flahive (British), J C Grogan, P R Howett, C J Lay (British), S P Roche, R I White (British).