Kidnap, Ransom and Extortion

Our STARR RESPONSE^sm Corporate Kidnap, Ransom, and Extortion Insurance policy is designed to help organizations manage threats to employees, its brands, and its reputation. Organizations face the challenge of protecting employees, assets, products, and image from an ever-increasing threat of extortion, crime, and global instability. More than ever, senior management must give careful consideration to internal and external threats that can impact plans to act in the global marketplace.

Our STARR RESPONSE^sm Corporate Kidnap, Ransom, and Extortion policy is designed to help you protect your organization from these threats through a combination of independent expert consultancy support (before and after an incident) and reimbursement for the potentially devastating effects resulting from a crisis.

General Highlights

• Up to $25m in limits
• Unlimited Crisis Consultant and Advisory Costs
• Pre-incident Crisis Consultant and Advisory Costs included
• Worldwide territory
• Up to three-year policy term available
• 24 / 7 / 365 Crisis Response Hotline
• 24 / 7 / 365 access to Kidnap Response by Neil Young, STARR RESPONSE^sm retained consultant

Coverage Highlights

• Triggers: Kidnapping, Personal Extortion, Property Damage Extortion, Wrongful Detention, and Hijacking.
• Covered loss: Ransom Monies, In Transit Loss of Ransom Monies, Pre-Incident Crisis Consultant and Advisory Costs, Crisis Consultant and Advisory Costs, All Other Expenses, including Product Recall Costs, Judgments, Settlements, Defense Costs, and Personal Accident Benefits.
• Extensions are available for Evacuation and Repatriation, Threat Assessment Expenses, Child Abduction, Tiger Kidnapping and Cyber Extortion.

Target Customers

Our target customers include, but are not limited to:

• Oil exploration and production
• Financial Institutions
• Telecommunications
• Mining
• Construction
• Corporations with international travel
• Multi-National Corporations
• Health Care Facilities
• Aviation
• Hospitality Industry
• Schools/Universities

Please contact your insurance professional for a copy of our application or, if your operations are not specifically listed above, to determine if your exposure is eligible.