Kidnap for ransom is a very real threat around the world.
Corporations need to protect their staff. Ransom demands can be overwhelming, with an estimated 15 countries recording cases of $25,000,000 or more in recent years. While kidnappers usually settle for a small percent of their original demand, the costs can be more than just financial. Kidnappers may refuse to negotiate and use excessive violence to achieve their aims.
GMG Underwriters understands the challenges faced by companies with a global workforce. Our Kidnap and Ransom coverage offers :
• Direct Independent investigations
• Handle Negotiations
• Arrangement and delivery of funds
• Reimbursement of costs associated with a kidnap for ransom
• Access to travel risk information and safe traveler training
We make confidentiality our priority and are dedicated to providing you the most appropriate solution.
Broad Additional Expenses, including: