MANAGEMENT LIABILITY

Kidnap & Ransom Liability Insurance

Monarch E&S is proud to offer executive, professional and cyber liability coverage through our sister company, CSRisks. CSRisks is a leading executive, professional and cyber liability wholesale insurance brokerage. Their knowledgeable experts provide analytical capabilities, a consultative approach and expert insurance broking services. With access to over 30 A rated insurance carriers, both admitted and non-admitted, their specialization means they quickly provide the cost-effective coverage and analysis retail agents rely on.

What is Kidnap & Ransom Liability Insurance?

K&R coverage is designed to cover financial loss due to kidnapping, extortion and ransom demands, which can be financially devastating. The coverage also provides access to negotiators and specialists to help navigate these stressful events. There can be additional expenses associated with loss of income, medical care and public relations which are covered under a policy.

Who Needs Kidnap & Ransom Liability Insurance?

Individuals and organizations who do business in countries where violence and kidnapping is more common should purchase this coverage. Additionally, there are higher risk targets such as politicians, high net worth individuals, journalists, famous people, tourists, aid workers and other professionals traveling abroad that should consider coverage.

Why Do They Need Kidnap & Ransom Liability Insurance?

K&R coverage can help protect from financial challenges in the event of kidnap, ransom or other extortion type event. This coverage provides business protection, financial protection and emotional support to give peace of mind when conducting operations in dangerous places.