Kidnap and Ransom Insurance
Bellwood Prestbury Kidnap and Ransom insurance provides comprehensive protection almost anywhere in the world.
Our Kidnap and Ransom insurance (K&R) options, suitable for multinationals, NGOs and companies, offers high-quality cover including:
- Security briefing from experts prior to departure
- Access to the latest security intelligence, 24/7/365, whilst your people are deployed
- Direct access to security experts in the event of an incident and funding for experienced mediators
- Compensation for any ransom payment that may need to be made
- Emergency repatriation and relocation due to political unrest
Kidnap and ransom – an increasing risk
All around the world, the threat from kidnap and ransom is escalating. Whether it’s groups looking for media coverage over commercial activities they object to, organised gangs or local militia, anyone with a degree of ‘western’ wealth, power or connections can become a target.
Kidnap and ransom insurance backed by Lloyd’s of London
As a Lloyd’s Broker, Bellwood Prestbury is an expert in high-risk insurance, offering comprehensive cover especially designed for companies engaged in high-risk areas and activities.
Our robust Kidnap & Ransom (K&R) insurance solutions, placed with international insurers and Lloyd’s of London, can cover corporate employees, charity workers, industry or media personnel, virtually anywhere in the world.
Avoiding risks
Crucially, everyone covered by these kidnap and ransom policies is offered a pre-travel briefing. This can help to avoid unnecessary risks and increase awareness of a developing incident before it’s too late. Your people then have access to skilled advisors on call 24/7 to provide practical advice.
Comprehensive support if it all goes wrong
Fast interventions from experienced negotiators are key to good outcomes. If the worst happens and your people are taken, a K&R policy pays for access to kidnap experts trained to help bring about a safe and timely release. Comprehensive cover will also reimburse a ransom payment along with other costs incurred whilst dealing with the kidnapping.
Kidnap and Ransom insurance in action
How the professionals handle kidnaps
Charles ‘Chuck’ Regini, Director of Global Crisis Response for a Special Risk company, tells us the key is to get people who understand the regional situation on the ground as quickly as possible, whilst supporting and managing the company and family back home.
When a client had several employees snatched from their base in a remote part of the Congo in Central Africa, Chuck used a local priest as a trusted intermediary and was able to get everyone out safely.