Kidnap & Ransom – Stening Simpson were engaged by an international company whose executives and personnel travelled regularly to higher-risk jurisdictions. While the need for protection was clearly recognised, the client had limited knowledge of the complexities of securing appropriate Kidnap & Ransom coverage within this highly specialised and discreet insurance market.

The Challenge

As organisations expand internationally so do their risk profiles.  Increased global integration presents significant commercial opportunity, but it is accompanied by heightened exposure to geopolitical instability, crime and in certain regions an elevated risk of kidnapping and extortion.

The challenge was to structure a comprehensive solution aligned to the company’s global travel footprint and risk tolerance and to ensure access to underwriting markets and world-class crisis response capabilities.

The Solution

Stening Simpson undertook a detailed risk assessment and structured a tailored Kidnap & Ransom programme designed to protect not only executives but also employees and where required family and domestic staff, recognising that exposure extends beyond the boardroom.

A critical component of the solution was securing access to specialist Crisis Management Consultants. These experts operate discreetly and are available 24/7 to respond immediately in the event of an incident.  Their role is pivotal, managing negotiations, advising on strategy, coordinating with local authorities where appropriate and prioritising the safe return of victims.

For organisations operating in high-risk regions, K& R insurance is not discretionary. It is a fundamental component of responsible global risk management.

Stening Simpson ensure that complex exposures are met with structured, discreet and strategically aligned solutions.