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 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.

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

  • 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.

Pre-incident Training

Our policies include a risk mitigation allowance bursary for client to use towards pre-incident training and preparedness. From Crisis Management plan reviews to travel security briefings, simulated incidents and desk top exercises, the response consultants can tailor training to clients’ specific needs.

Latest News & Insights

IT outages such as the one involving CrowdStrike are likely to occur more often in the future. Businesses can prepare for such events by quantifying their cyber risk, creating plans that minimize the downtime of critical functions, and securing effective cyber insurance coverage.Protecting your business from IT outages

Unlocking the Power of Synthetic W&I Insurance: Navigate the M&A Landscape with Confidence

In the ever-evolving world of insurance, new and innovative products continuously emerge to meet the evolving needs of businesses. One such product that has been making waves in recent years is Synthetic W&I insurance. This groundbreaking form of insurance provides a suite of warranties under a W&I policy, revolutionizing the traditional approach where sellers give warranties under a Sale and Purchase Agreement (SPA).In the ever-evolving world of insurance, new and innovative products continuously emerge to meet the evolving needs of businesses. One such product that has been making waves in recent years is Synthetic W&I insurance. This groundbreaking form of insurance provides a suite of warranties under a W&I policy, revolutionizing the traditional approach where sellers give warranties under a Sale and Purchase Agreement (SPA).

Microsoft/CrowdStrike IT Outage

Microsoft/CrowdStrike IT OutageMicrosoft/CrowdStrike IT Outage

Future-Proofing Tech Deals: The Role of M&A Insurance

Are you up to date with the latest trends in the fast-paced world of Technology M&A? The start of 2024 has brought some exciting developments as buyers and sellers navigate the new market environment. While macro factors like rising interest rates and tightening credit have impacted leveraged dealmaking, there's been a notable shift in focus among private equity (PE) players.Are you up to date with the latest trends in the fast-paced world of Technology M&A? The start of 2024 has brought some exciting developments as buyers and sellers navigate the new market environment. While macro factors like rising interest rates and tightening credit have impacted leveraged dealmaking, there's been a notable shift in focus among private equity (PE) players.
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