Kidnap, Ransom and Extortion Insurance (KRE)

Providing your employees with the confidence to represent you, anywhere.

There are good reasons to consider Kidnap, Ransom and Extortion insurance from AIG

Duty of Care

All companies have a duty of care to all their employees. This means that they must show and demonstrate care for their employees. They must demonstrate a “Duty of Care”. A company is therefore under obligation to take all reasonable and practical steps to ensure their employees’ health and safety is maintained.

AIG’s cover applies not only to employees posted abroad; business travelers and local employees, but also to their families.

Scandinavian crisis consultants from Crisis24

The fast reaction, correct and timely response to a crisis is of paramount importance. The response services in connection with a crisis are undertaken by our partner Crisis24, a world leading consultancy in crisis management. Crisis24 has a large and highly experienced consultancy team, invariably using Scandinavian consultants, and provides access to the largest global specialist network in the industry. In a time of a crisis, Crisis24 sends up to four crisis consultants to assist the client. The company annually resolves 90-130 incidents of kidnapping, extortion, detention, piracy, emergency evacuation and associated security tasks. Read more about Crisis24 in the fact box below.

Local presence, global reach

Companies increasingly invest in new and developing markets. There is a high level of growth in the Middle East and Africa; Latin America is rapidly becoming an established trading partner, whilst China and Asia are also areas of increasing business interest. Wherever there is growth, we are present.

We know that the activities of companies are invariably international, often global and we have a network to manage that. AIG delivers global insurance products with uniform and consistent cover, wherever in the world the customer is.


Download our app

Using the AIG Travel Assistance mobile app, available for both Apple and Android devices, travellers have access to relevant information for a safe journey and efficient risk management 24/7/365.

At the bottom of this page you can download our one-pager, which briefly and precisely explains the use and functionality of this App, and you can also download the complete user guide.

Who is it for?

Business travellers, employees posted abroad and their families, local employees, associated consultants, advisers etc could all benefit from Kidnap, Ransom and Extortion Insurance.

AIG’s Kidnap, Ransom and Extortion Insurance is relevant for all companies irrespective of size having local employees, expatriates or travellers. We have the expertise to provide insurance solutions to match global and complex requirements. In our experience we are particularly competitive and active in the following industry sectors:

  • NGOs
  • Humanitarian organisations
  • The media industry
  • The food industry
  • Financial institutions
  • The aviation industry
  • Oil and gas
  • Energy and mining
  • Building and construction
  • The pharmaceutical industry
  • Maritime

What is covered?

AIG’s K&R insurance covers the following world-wide:

  • Extortion - payment demands following a threat to injure, kill or kidnap an insured person, damage property, contamination or sabotage of products, divulge trade secrets or destroy electronic data.
  • Kidnap - seizure or detention of an insured person for the purpose of demanding ransom.
  • Hijack - the illegal holding under duress of an insured person while travelling.
  • Detention - the holding under duress of an insured person for whatever reason other than kidnap.

In the event of a crisis the insurance may cover:

  • Ransom and ransom lost in transport
  • Legal assistance
  • Personal accident cover
  • Other expenses (for example travel, medical and security expenses)

The insurance can be extended to cover:

  • Business interruption
  • Cyber extortion
  • Evacuation and rescue of disappeared persons
  • Express kidnap
  • Hostage crisis
  • Threat
  • Product loss
  • Assault
  • Tiger kidnap

About Crisis24

Our customers have access to specialist crisis consultants through our partner Crisis24 which provides:

  • In the event of a crisis, guaranteed immediate response
  • The largest crisis team in the industry (23 crisis consultants)
  • Strategic presence with teams at 16 global locations.
  • A global network and presence in 150 countries
  • More than 20 years’ experience
  • Manages approximately 90-130 crisis situations annually

Crisis24 is a global security consultancy specialising in crisis management and since 1990 they have been committed to helping our clients understand the threats to their people, information, property and reputation. Their global team provides clients with the expertise to mitigate and manage security risks so that they can effectively meet objectives and focus on opportunities. Crisis24 assists our clients reduce their exposure and manages incidents of kidnap for ransom, extortion, illegal detention, marine piracy, emergency evacuation, malicious product tampering and related global security problems.

In the event of an incident, Crisis24’s crisis consultants guarantee an immediate response, providing advice from Scandinavian crisis consultants.

Crisis24 has experience of crisis management from many countries and jurisdictions:

  • Afghanistan
  • Angola
  • Australia
  • Bangladesh
  • Belgium
  • Benin
  • Brazil
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Chile
  • China
  • Colombia
  • Costa Rica
  • Cyprus
  • Denmark
  • The Democratic Republic of Congo
  • Egypt
  • The Ivory Coast
  • Finland
  • France
  • Gabon
  • Greece
  • Guatemala
  • Guinea
  • Haiti
  • Netherlands
  • Honduras
  • Hong Kong
  • India
  • Indonesia
  • Ireland
  • Kenya
  • Croatia
  • Libya
  • Mali
  • Mexico
  • Mozambique
  • Nepal
  • Niger
  • Nigeria
  • Norway
  • Pakistan
  • Peru
  • Germany.

A brief summary of Crisis24 offices and permanent crisis consultants is shown below. Click on the image to download or view the summary in a larger format (opens in a new tab). You are also able to download NYA's report on global K&R trends, and read more about Crisis24 here.

The partnership of AIG and Crisis24 is a world beating combination.

This material is for the purposes of information only. Full coverage details will be available in the policy documentation.

For additional information please contact us.