Security risks and threats to personnel are becoming more of an issue for companies, particularly those traveling abroad. Most organizations lack the resources to quickly and adequately respond to threatening situations.   

Kidnap and Ransom insurance not only covers the financial risks associated with a kidnapping or extortion threat, but offers the services of an independent security consultant to handle all aspects of a recovery—from managing the negotiations, to liaising with local law enforcement delivering the ransom funds.   

This coverage pays the financial loss of ransom and other expenses (which includes the cost of the security consultant), but also may include evacuation costs, medical expenses, and product recall expenses.  

The majority of the products provided by RHSB offer online risk-forecasting services that cover more than 100 countries, as well as alerts when traveling to countries, cities and events worldwide.