In an increasingly perilous world, threats such as kidnapping, ransom, and extortion against employees and their families remain a terrible but real risk that businesses face, regardless of their travel patterns or the countries where they operate.
It’s a terrible fact that no one is immune to a kidnapping or extortion threat. A lack of proper coverage at a critical time, coupled with the potential for a significant financial loss, can result in untold agony and emotional devastation for all parties involved. With a combination of insurance and crisis management expertise, Chubb provides access to expert security negotiators and knowledgeable professionals equipped to manage the situation from every angle.
The Chubb Primary Kidnap, Ransom & Extortion Insurance provides the following insuring clauses:
*Coverage is subject to the language of the policies as actually issued.
Included with your Kidnap, Ransom and Extortion policy is guaranteed access to The Ackerman Group, an independent international consulting firm. They offer a guaranteed, immediate response in a time of crisis and handle all aspects of hostage recovery, including negotiations, coordination with law enforcement, protection for ransom funds, and when appropriate their delivery.
To connect with The Ackerman Group, simply complete their onboarding form and immediately return it to your agent or broker. You will be contacted by a representative of The Ackerman Group to complete the process.
From theft and vandalism to social engineering and employee fraud, companies face a wide array of detrimental and rather costly risks. Your insurance coverage should be equally broad and flexible to provide the kind of protection you need. Chubb offers insurance products to protect not only your organization, but your employees too.