Beazley, the London-based provider of specialist insurance cover, has retained Crux Risk* to provide preventative and response services to clients facing kidnaps or other threats to their personnel.
“The Crux team brings extensive experience handling some of the most complex and sensitive crises, including land-based kidnap, maritime piracy, extortion, product tampering, asset recovery, and unlawful detention,” said Chris Parker, focus group leader & underwriter for terrorism and political violence risks at Beazley.
“We are confident that their service will be extremely valuable to our clients in cases where cool heads, deep experience and sound judgment can save lives,” he added.
* London-based Crux Risk is a consultancy specializing in the management and resolution of crises associated with the crimes of kidnap, extortion, hijack, maritime piracy, accidental or malicious product tampering and wrongful detention. Crux further specializes in solving risk and security problems such as country evacuations, strategic risk assessments, audits and reputation management.
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
