|UIB Kidnap & Ransom|
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|As businesses expand their corporate activities into increasingly high-risk territories, their employees are operating in or travelling to countries where their safety cannot be guaranteed.||CONTACT
|Kidnappings around the world are estimated
to have increased by 100% since 2002 and
the increased focus on corporate responsibility, Organisations must pay closer attention to the
personal safety of its employees more than
Current threats impact employee well being and business continuity. It is therefore essential for organisations with such exposures to assess
these particular risks and take measured steps to minimise them.
If an incident does occur, your company must be ready to respond effectively to a crisis. While some companies have extensive security and risk management resources in-house, few security departments have handled sensitive and time-consuming kidnapping, extortion or political detention incidents. The financial and management implications of such incidents and
possible subsequent litigation have made clear the need for expert preventative and incident management advice.
Any company with employees operating
or travelling overseas, especially in highrisk
territories in Africa, Asia, the Middle-East and Latin America, should consider a
Kidnap & Ransom insurance policy.
The threat of kidnapping has traditionally
been associated with Latin America but
has now become an issue throughout
In the event that your business is confronted with a kidnap or extortion situation, the policy will provide
you with the services of a leading response consultancy whose primary role is to help you achieve the
quickest and safest possible release of the victim.
We can work with you to identify the risks your business is exposed to, and ensure that the right insurance cover is in place and the most appropriate response consultant is available to you.
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