Kidnap and Ransom Insurance

man on moving walkway
Kidnap protection
Kidnap protection

Kidnap, ransom and extortion cover to protect your people wherever work takes them

Today companies and employees face many dangers, including kidnap and extortionists making violent demands for money. So it’s good to know Chubb’s kidnap, ransom and extortion insurance gives your company and colleagues maximum financial and security protection. Cover includes access to security consultants to help minimise risks to your team.

8,000
kidnappings take place around the world every year
$500 million
in ransom money is paid to kidnappers annually
RISK SCENARIO

Who it’s for:

  • Publicly traded multinational companies
  • Private firms sending executives overseas on business
  • Financial institutions
  • Non-profit organisations
  • Educational institutions

 

 

 

 

 

Services

In the event of a kidnapping or an extortion threat, you get instant support from leading international security consultants.

The Ackerman Group

The Ackerman Group is a world-renowned security consulting firm retained by Chubb to support our clients. You can contact Ackerman for consultation on security procedures and crisis management for extortion and kidnap threats. 

What it covers:

Our kidnap, ransom and extortion policy provides comprehensive protection:

  • Cover for your company directors and officers; full-time, part-time and temporary employees; independent contractors; relatives of employees; and guests on the company’s premises or in an employee’s home
  • Reimbursement for kidnap, ransom or extortion payments
  • Expenses such as ransom delivery, legal liability, an independent security consultant, business interruption, investigation expenses, and much more
  • Access to risk management procedures and protocols, as well as expert advice to help you stay ahead of potential threats.

 

RISKNET™

RISKNET is Ackerman’s online risk forecasting service, analysing terrorism, crime and political stability risks in more than 90 countries. Features include:

  • The Executive Digest, a news bulletin of breaking developments that could affect your travel and overseas operations
  • Country summaries of current terrorism and crime threats, and politically unstable environments
  • The Airline Guide rates airlines on terrorism, hijacking and bombing risk factors
  • The City Guide covering more than 130 cities worldwide, it recommends the best way to get from the airport to town, how to travel about, and the safest hotels.
Why Chubb?
Why Chubb?

We’re kidnap and ransom insurance experts – and we care about your company

Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in kidnap, ransom and extortion insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be.

Partnership that’s personal
We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.

 

Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.

 

Unmatched expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.

 

TIPS & RESOURCES
HAVE A QUESTION?
HAVE A QUESTION?

Talk to one of our experts