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Every year, thousands of people are kidnapped for ransom worldwide. Forced abductions can occur anywhere, any time: no one is immune. A kidnapping may well be the most traumatic event in the lives of victims, their family and their friends. The costs - physical, emotional, and economic - can be catastrophic.
Great American Insurance Group can provide specialized protection against the crimes of kidnap and extortion when a demand for ransom is a condition of negotiation. Customized coverages can be written for corporations.
COVERED LOSSES MAY INCLUDE:
- Ransoms
- Loss of ransom in transit
- Legal liability and defense costs
- Personal accident as a result of kidnapping or attempted kidnapping
- Fees and expenses of response consultant (Control Risks)
ABOUT CONTROL RISKS
Great American Insurance Group's Fidelity and Crime Division, with Hiscox in Lloyd's of London, has secured the services of the industry's most experienced response team to provide advisory services to our customers in the conduct of negotiations with extortionists. Under the terms of a Great American policy, Control Risks will provide the immediate support of a fully-trained, experienced consultant to assist claimants. Additionally, Control Risks offers services designed to prevent kidnapping incidents from occuring. | 
