Reinsurance News

kidnap for ransom

Hiscox introduces new Personnel Security Plus product

10th September 2024

Hiscox, a provider of specialist insurance solutions, has introduced a new offering called Personnel Security Plus. This product is designed to enhance the coverage provided by Hiscox's existing Kidnap and Ransom insurance policy, offering businesses added protection for their employees who face a growing range of risks. The policy covers 22 distinct ... Read the full article

Great American, Hiscox & Control Risks expand collaboration

12th December 2022

Great American Insurance Group will continue to write Kidnap & Ransom (K&R) business while maintaining its relationship with Hiscox USA as they announce an expanded collaboration, along with Control Risks, a global specialist risk consultancy. According to the announcement, over the next year, all K&R policies will be written on Great ... Read the full article

ANT Exceptional Risks to underwrite Kidnap & Ransom with Schillings

25th January 2022

Guernsey-domiciled Insurer ANT Exceptional Risks will commence underwriting a Kidnap & Ransom and Marine Piracy account, partnering with Schillings Critical Risk to support its product. ANT was recently launched in October last year by former AXA XL executive Jonathan Beck and underwriter Richard Spurrier, with an initial focus on Fine Art, ... Read the full article