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Kidnap, Ransom & Extortion Insurance

While rarely publicized, kidnap, ransom and extortion (KRE) are ever-increasing threats to multinational companies, organizations and individuals traveling around the world.  From the known, and unknown, “hot spots” to some of the globe’s major city centers, the risk of KRE is prevalent—but avoidable.

In conjunction with our strategic partners Clayton Consultants, a Triple Canopy Company and Edelman, this site has been created as your single source for the most current and comprehensive information on everything KRE, including available insurance coverages, trends and developments, country-specific profiles, safe travel advice and much more.  Please make sure to check back often as we update the tools and resources so they are of most value to you.

KRE Insurance Back To Top
  • AIG has a long-term commitment to this market, offering KRE coverage for decades
  • We offer primary and excess limits of up to $50 million
  • Coverage includes ransom and extortion monies, loss of payment in transit, consultant costs, recall costs, business interruption, accidental death & dismemberment, judgments, settlements and defense costs
  • In-house claims personnel are available 24-hours-a-day, 7-days-a-week, dedicated to crisis management claims and top quality service
  • Clients have access to a 24-hour emergency response helpline for access to experts who help diffuse incidents and optimize outcomes
  • Pre-incident training by consultants world-renowned for their expertise in the world's hot spots including the Middle East, Africa, Asia and South America
  • A national crisis management service center dedicated to providing top quality service throughout the quote, bind and renewal process
  • Additional coverage can be purchased by endorsement for political evacuation and repatriation as well as child abduction
  • KRE Insurance Overview 
    KRE Fact Sheet
    KRE Insurance Application
 
KRE Insight Back To Top

Top 5 K&R Trends
1. Non-governmental entities are now at risk to be kidnapped.
2. Most kidnappings occur from 7:00 A.M. - 10:00 A.M.
3. A victim is usually kidnapped one to two miles from their home.
4. Most kidnappings take place on a road.
5. Most kidnappings are resolved within several weeks because a ransom is paid.

2008 Risk Reviews by Country
Afghanistan
Argentina
Brazil
China
Colombia
Ecuador
El Salvador
Georgia
Guatemala
Haiti
Honduras
India
Indonesia
Iraq
Israel and Palestinian Territorios
Mexico
Nicaragua
Pakistan
Russian Federation
Sub-Sahara Africa
Trinidad and Tobago
Venezuela
Yemen

Clayton Consultants Back To Top

Clayton Consultants, Inc., a Triple Canopy company, is a unique security consultancy delivering corporate and private crisis management consulting services to multiple clients across the globe.  Its experienced consultants are strategically located throughout the world and have collectively resolved more than 1,500 confirmed kidnap-for-ransom and extortion cases.  Clayton supports its clients in an advisory capacity based on security expertise and intimate knowledge of local cultures.  In addition, Clayton works with clients to identify security vulnerabilities, provide security training and assist in the establishment of effective incident-management protocols.  In the event of a crisis, Clayton consultants are committed to delivering effective 24-hour response services.

The AIG Companies ® utilize Clayton Consultants for the training and management of kidnap-for-ransom, extortion, malicious product tampering and wrongful detention incidents covered by their policies worldwide. Clayton Consultants is proud to be selected by AIG Companies as a “best-in-class” service provider and delivers the highest level of training and crisis resolution services to AIG Companies’ insured clients.

To visit the Clayton Consultants site, please click here.

To read the latest Clayton Monthly Kidnap Monitor, please click here.

Country Spotlight: Mexico Back To Top

Mexico is going through a new phase of insecurity that affects all segments of society.  The Mexican Government’s efforts to curtail drug trafficking have been successful in capturing, jailing and extraditing several top cartel leaders.  But the government’s drug war has provoked counter-attacks by drug cartels and driven criminal gangs to turn to kidnapping as an easier and more profitable business than drug trafficking.  The kidnapping industry in Mexico has become so profitable that current and former police officers have started their own kidnapping groups.

Mexicans at risk of getting kidnapped have fortified their residences, hired bodyguard and started using armored vehicles for their daily movements.  Unfortunately, due to the high threat levels, this type of traditional security is not enough because it is a false sense of security.  Security must be based on the ability to recognize threats, analyze risks and implement crisis management plans.

Quick Facts
35%   Increase in kidnappings from 2006 to 2007
8%     Kidnap victims who end up getting killed
3,000  Estimated kidnappings in 2007
2,633  Murders tied to organized crime from January to August 2008
249     Military and police officers killed in the line of duty from January to August 2008
26       Mexican citizens kidnapped in San Diego and transported to Tijuana in 2007