Kidnap & Ransom K&R News

Hiscox Unites 3 Special Risk Teams Under a New Crisis Management Division

Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines. Headed up by Mike Williams, divisional director, the Crisis Management division …

Ironshore International Enhances K&R Coverage for Latin America

Bermuda-based Ironshore International announced that it has introduced enhanced insurance coverage for Kidnap & Ransom (K&R) risks to protect Latin American based clients against unexpected events. The bulletin said Ironshore’s “comprehensive K&R insurance program provides protection against kidnap for ransom, …

XL Group Launches K&R Coverage with Crisis Management Advisory Services

XL Group has launched a kidnap, ransom & extortion (KRE) crisis policy that features a new agreement with risk consultancy, Terra Firma Risk Management LLP. Through the agreement, XL Group’s new KRE coverage is accompanied by response capabilities and crisis …

Willis Experts See North Africa Terrorist Threats Rising after Algeria Attack

Tim Holt, Head of Intelligence for Alert: 24, a new risk and crisis management consultancy from Willis Special Contingency Risks (SCR), followed up his earlier comments by warning that the “possible spread of Islamic terrorism from Mauritania in the West …

HCC Global Financial Products to Offer Kidnap & Ransom Insurance

HCC Global Financial Products, a provider of Financial Lines Insurance since 1999, announced the launch of an international HCC branded Kidnap and Ransom (K&R) Insurance product in conjunction with HCC Specialty, which has been providing K&R insurance since 1980. HCC …