Kidnap and Ransom Risk Management
Employees of multinational organisations, contractors, companies with employees who travel internationally, and high-net-worth individuals and families are particularly vulnerable to hostile incidents. For those operating in remote areas of territories that are suffering political instability and socio-economic hardships, their workforce is often a target for organised criminal gangs, opportunistic kidnappers/extortionists, and terrorist groups.
The trauma these incidents inflict on victims and their families is extreme. Such incidents can also have devastating consequences on businesses, affecting staff morale and a company’s assets and reputation. The impact on a company’s finances can be vast as projects may be delayed or terminated.
Marsh offers a comprehensive range of services to respond to threats against your people, brand reputation, and properties, which limit legal liabilities. We also provide specialist training, security audits, crisis management planning, evacuation planning, and kidnap prevention seminars to enable you to reduce the likelihood of an event taking place.
Our special risks team tailors your insurance policy to respond to your specific risk profile. We analyse your existing insurance policies to determine where you have gaps in cover and recommend solutions to close them. We also work with you to develop a central crisis management plan, so that, in the event of an incident, you are prepared to respond.
The result: our team enables you to understand your risk exposures and ensure the most appropriate and effective risk management and transfer strategies are in place.