Security Risks

OMNIRISKKidnap, Ransom Insurance & More

Through the scariest events, we are here for you.

OMNIRISK offers comprehensive insurance coverage for kidnap, ransom, extortion, and other crisis events such as cyber extortion, product extortion, hijack, wrongful detention, threat, disappearance, express kidnap, a hostage crisis, child abduction, assault, and workplace violence.

In today’s global business economy, serious threats to personal and corporate security are frequent. Incidents like kidnapping are difficult to predict and when they occur they require a swift, organized, and expert response. OMNIRISK specialist Kidnap & Ransom insurance product helps companies and individuals navigate through these dynamic, complex, and constantly changing scenarios. We offer specialized knowledge and a wide range of insurance coverages to help clients manage their risk landscape. The financial impact of a crisis can be severe on any company or family. OMNIRISK Kidnap & Ransom insurance policy aims to take away this burden by reimbursing all associated costs incurred both during and after the event.

Contact

Joseph Barrantes
CEO, OMNIRISK Risk Management & Insurance Consulting
Email | Phone

Coverage

We seek to provide the most comprehensive cover in the market by covering all the following events within our main policy wording:

  • Kidnap
  • Extortion
  • Cyber extortion
  • Products extortion
  • Hijack
  • Wrongful detention
  • Threat
  • Disappearance
  • Express kidnap
  • Hostage crisis
  • Child abduction
  • Assault

We are also able to offer the following insurance coverages as extensions:

  • Business interruption
  • Cyber extortion business interruption
  • Emergency security evacuation
  • Product recall expenses
  • Stalking threat
  • Tiger kidnap

We reimburse all expenses reasonably incurred by the insured in connection with a valid claim.
Expert assistance is also vital when handling high pressure, stressful situation such as the kidnapping of a colleague or loved one. Immediate access to independent, experienced advisers to help at such a time can be invaluable and is often the driving factor when purchasing a Kidnap & Ransom insurance policy.

Benefits and Services

  • We are the largest Lloyd’s Syndicate and we have global underwriting and claims experts in London, Guernsey, New York, Hong Kong, Hamburg, and Sydney
  • We have the largest capacity in the market
  • Our strength and capacity allow us to be flexible, tailoring cover to fit client needs
  • We offer exclusive access to world-leading kidnap response expertise through our security consultants S-RM
  • Access for all insurance policyholders to our Global Security Insight (GSI) platform, a market-leading security analysis tool
  • Consistently ranking top for our claims service, according to the Gracechurch Survey

Client Profiles

You don’t have to be a billionaire or a foreigner working in a war zone to be a target for kidnap and ransom related events. Companies or individuals can find themselves at risk through their travel exposures, the location of their permanent operations, their specific industry, or their public profile. OMNIRISK offers worldwide kidnap & ransom coverage to all industries. Some sectors find themselves at higher risk due to the nature of their business and the locations that they tend to work in, such as the following:

  • Aviation
  • Construction
  • Engineering
  • Finance
  • High net worth individuals
  • Humanitarian and aid agencies
  • Maritime
  • Media and journalists
  • Mining
  • Oil and gas
  • Security
  • Telecommunications