Lockton offers a range of products and services to meet business insurance needs around the world.

PRODUCT

Kidnap and Ransom

Specialist, targeted cover

As one of the world’s leading independent providers of kidnap and ransom insurance, Lockton has the resources and expertise to deliver informed and effective solutions that safeguard your family, employees, or business from the fallout of kidnap, ransom, special crime, and extortion.

Kidnap and ransom insurance not only covers abduction through to unlawful detention, it extends to extortion against property – covering reimbursement of ransom, business interruption, PR costs, aftercare to victims and beyond. Many of these events cross international borders, which is why Lockton’s dedicated, experienced kidnap and ransom team operates seamlessly worldwide.

Crucially, our policies provide direct, 24-hour access to highly-trained crisis consultants, who will respond immediately in the event of an incident. These consultants have extensive backgrounds in hostage negotiation from various organisations, including Special Forces and international security services, and are well-equipped to handle special crime situations.

We have access to exclusive insurers and will ensure that you are provided with the most appropriate, responsive cover at all times. Client confidentiality is an absolute priority to our team, and should you need to make a claim, our experienced consultants will work with you to resolve this as quickly and seamlessly as possible.

Our Services

What we cover

  • Kidnap for ransom

  • Extortion

  • Special Crime

  • Detention

  • Hijack

  • Loss of ransom during transit

  • Legal liability

  • Additional expenses

  • Personal accident

  • Unlimited expenses of crisis response consultant

  • Maritime Piracy

  • Pre-incident training and prepardeness

Other available policy extensions

  • Emergency political repatriation and relocation

  • Loss of earnings

  • Threat expenses

  • Hostage crisis

  • Disappearance investigation

  • Express kidnap

  • Child abduction

  • Assault

  • Product loss extortion

  • Stalking

  • Blackmail

  • Cyber Extortion Response Consultant Fees and Expenses

  • Crisis Management Response

  • Piracy Boarding

Crisis management response


As soon as an incident occurs, your crisis response consultants will act immediately to co-ordinate any response to an insured event. In the event of a kidnap, deploying consultants where necessary to the headquarters and in country at the kidnap location. at least one consultant to the kidnap location and one to the head office HQ. These highly trained responders will be there to advise you throughout the incident process – no matter how long it takes. Their expertise is crucial for effectively managing special crime situations.

Pre-incident Training

Our policies include a risk mitigation allowance bursary for clients to use towards pre-incident training and preparedness. From Crisis Management plan reviews to travel security briefings, simulated incidents, and desktop exercises, the response consultants can tailor training to clients’ specific needs, helping prepare for the potential risks associated with special crime.

Eran Charit to join Lockton Re’s Specialty Division as it continues to add further strength and depth to its Political Risk & Credit capability

Latest News & Insights

Optimize Employee Healthcare Plans with IPMI Solutions
Providing comprehensive healthcare coverage for employees is a top priority for businesses, yet rising healthcare costs and inflation pose significant challenges. Companies across Asia are feeling the pressure from increasing healthcare expenses driven by higher labor, equipment, and medicine costs. However, with the right strategies, businesses can leverage global healthcare solutions like International Private Medical Insurance (IPMI) to manage costs effectively without compromising essential benefits.
IPMI stands out as an exceptional option for enhancing benefits for top global talent, expatriates, and frequent travelers. This insurance ensures seamless access to medical facilities across multiple countries, allowing individuals to receive necessary care wherever they are in the world. HR leaders can evaluate the advantages of IPMI alongside local health insurance plans to choose the best option for their organization.
Here are five strategies for HR leaders in Asia to optimize employee healthcare plans and reduce costs without sacrificing quality:


Evaluate and Refresh Your Current Plan: Regularly review healthcare policies to ensure they remain competitive and aligned with evolving employee needs. Offering global healthcare options like IPMI can attract and retain top talent.


Consider Switching Providers: Take advantage of the competitive healthcare insurance market in Asia by exploring alternative insurers. Negotiate special rates for IPMI policies while ensuring local employees are covered through cost-effective plans.


Analyze Claims Data for Cost Drivers: Identify patterns in claims data to uncover cost drivers. Educate employees on appropriate coverage use to reduce unnecessary claims and optimize IPMI utilization.


Invest in a Wellness Program: Encourage healthier lifestyles through wellness initiatives, which can lower healthcare costs and improve employee productivity and satisfaction. Complement IPMI benefits with programs that promote overall wellbeing.


Partner with a Trusted, Client-Focused Broker: Navigate complex insurance options by partnering with an experienced broker. They can help optimize healthcare strategies, ensuring compliance and providing support for claims management and wellness program implementation.


At Lockton, we understand the challenges businesses face in managing healthcare costs while delivering high-quality benefits. By integrating customized healthcare plans with optional IPMI enhancements for mobile and international employees, we help companies develop cost-effective solutions that cater to their diverse workforce needs. 5 Proven Strategies to Reduce Employee Healthcare Costs Without Compromising Benefits

Payment considerations following ransomware attacks

Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.  Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.

Why risk needs to be part of your renewable project narrative

As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.

Lockton Surpasses $4B in FY2025 Revenue

Lockton surpasses $4.0B in FY2025 revenue, driven by industry-leading organic growth and relentless focus on client.Lockton surpasses $4.0B in FY2025 revenue, driven by industry-leading organic growth and relentless focus on client.
More Articles news and insights

With a global footprint of over 100 offices, there’s sure to be one near you.

Find an office
*100+ Lockton offices and partner offices worldwide
Globe - Asia focus 688x551