Kidnap & Ransom, or K&R, insurance was pioneered in the Lloyd's market. At its core is a critical service - the ability to negotiate a safe and successful outcome to a kidnapping, wherever it may occur and whoever may be responsible.

Beazley's K&R insurance clients benefit from the expertise and worldwide connections of Northcott Global Solutions and Crux Risk, specialist firms with many years of experience negotiating favourable outcomes to K&R and extortion attempts.

The Beazley K&R policy is available for:

Corporates

Most frequently covers all directors, officers and employees. All family members of these covered persons are automatically included.

Families

Cover for private individuals and their named family members.

Insured events are:

• Kidnap
• Extortion
• Hijack
• Detention

The policy covers:

• Ransom
• Loss of ransom in transit
• Additional expenses
• Personal accident
• Legal expenses (Corporate cover only)
• Unlimited response consultant services

Crisis management: Key service providers

Northcott Global Solutions (NGS), a global emergency response and dedicated political and natural disaster evacuation provider, offers a multi dimensional local response to individual client problems using pre vetted service providers. NGS's 24/7 operations centre allows for the creation of tailor made client solutions using diplomatic contacts, local liaison, security companies, and satellite imagery as well as vehicle and personnel tracking systems. NGS personnel have been involved in over 1,000 evacuations in all parts of the world.

Crux Risk specialises in the management and resolution of crises associated with the crimes of kidnap, extortion, hijack, maritime piracy, accidental or malicious product tampering and wrongful detention. Crux further specialises in solving risk and security problems such as country evacuations, strategic risk assessments, audits and reputation management.

Limits

Up to USD 25 million for each coverage section plus unlimited use of the response consultant services.