Kidnap & Ransom
Kidnap & Ransom
Kidnap, extortion and wrongful detention are rare, but when they happen the consequences are severe and the response is urgent. Agisanang’s Kidnap & Ransom insurance helps businesses and individuals with exposure to these threats, arranged with insurers who specialise in the class. The details of cover are confidential by design.
What the cover can include
- Ransom and extortion payments: Where payment is lawful and the policy allows it.
- Crisis response: Access to specialist response consultants during an incident.
- Expenses: Costs linked to the incident, such as travel, communication and professional fees.
- Medical and psychological support: Care for victims after release, where the policy includes it.
- Loss of income: Related financial loss, subject to the policy.
- Legal and negotiation support: Costs of specialist negotiators and legal advice during an event.
- Territory: Worldwide or territory-based cover, depending on the policy and where your people travel.
Events this cover responds to
- Kidnap of an insured person for ransom
- Extortion threats against people or property
- Wrongful detention, where the policy includes it
- Hijacking with demand for ransom, where the policy includes it
What is typically not covered
- Ransom payments that would be unlawful
- Events caused or arranged by the insured or its employees
- Disclosure of the policy’s existence, which is often a condition of cover
- Losses from events that began before the policy started
Exclusions and conditions vary by insurer. We go through them with you.
Who it’s for
Companies with staff who travel or work in higher-risk locations, executives and high-profile individuals, and organisations with cash-in-transit, remote operations or cross-border activity.
How it works
- We have a confidential discussion about your people, locations and operations.
- We approach insurers who specialise in the class.
- We present terms, including confidentiality and notification conditions.
- We issue the policy and share its details only with those who need them.
- If an event occurs, you follow the emergency procedure and notify the insurer’s response team immediately.
What we need to quote
- Who is to be covered, and where they live, work and travel
- The nature of your operations and any past incidents
- Security measures in place
- The limit of cover you are considering
Questions you may have
Why is confidentiality part of the cover? Disclosure of the policy can increase risk. Insurers usually make confidentiality a condition.
What do I do if an event occurs? Follow the emergency notification process we give you at inception, and do not delay.
Does the policy cover executives travelling abroad? It can, depending on the territory selected.
Why choose Agisanang for kidnap and ransom cover
- Discretion: Policy details are shared only with those who need them.
- Specialist placement: We approach insurers with appetite and experience in this class.
- Cover fitted to your travel and operations: We start by understanding where your people go and what they do.
- Clear conditions: We explain confidentiality and notification requirements before you buy.
A conversation we hope you never need. A policy you will be glad you have.
Call to action: Contact Agisanang for a confidential discussion about kidnap and ransom cover.
Related pages: Corporate Insurance, Commercial Lines Insurance.