Brit Partners with Schillings Critical Risk to Create Kidnap-for-Ransom Offering

December 12, 2018

Brit Ltd. announced it is partnering with Schillings Critical Risk to create a comprehensive kidnap-for-ransom offering.

Extortion and kidnap for ransom are extreme and endemic risks for individuals and businesses operating in many countries around the world, said Brit, noting that privileged sources and anecdotal evidence show there are about 30,000 incidents of kidnap for ransom each year, with about 1,000 of these involving foreign nationals.

Brit’s Kidnap for Ransom team is being led by Stephen Quinton, who joined the company in September 2018.

The partnership was formed with Schillings Critical Risk, part of the international issues and crisis law firm Schillings. With a legal heritage built over 35 years, Schillings combines legal expertise, intelligence specialists, investigators, cyber security experts and risk consultants into a single multidisciplinary team specializing in privacy and security consultancy, explained Brit in a statement.

The Schillings Critical Risk team is led by Schillings partner, John Chase, who has more than 20 years’ of experience in kidnap for ransom, extortion, illegal detention, blackmail, hijacking and cyber attacks worldwide.

By combining specialist underwriting capabilities with privacy, security and reputation expertise, both Brit and Schillings are committed to building innovative solutions for clients that mitigate and respond to the kidnap for ransom and extortion threats they face, added Brit.

A company representative said the kidnap-for-ransom offering is provided for client on a global basis.

“We are pleased to announce this partnership with Schillings Critical Risk. At Brit, we are always looking for new ways to both enhance the solutions we are able to offer our clients and evolve our capabilities in response to changing risks,” commented Matthew Wilson, CEO, Brit.

“This partnership is a strong example of this focus, combining Brit’s and Schillings’ respective expertise to give clients a comprehensive crisis management offering in one place,” he added.

Rod Christie-Miller, chief executive and partner at Schillings, said: “Crises happen with more frequency and with more long term repercussions than ever before. With over 35 years’ experience as an international issues and crisis law firm, this joint partnership will ensure that we continue to protect clients from the reputation, privacy and security threats of today, as well as the issues and crises of tomorrow.”

Source: Brit Ltd.

Topics Mergers & Acquisitions

Was this article valuable?

Here are more articles you may enjoy.