Kidnap, Ransom & Extortion Insurance – KR&E
Kidnap, Ransom & Extortion Insurance commonly known as KR&E provides both a financial resource and a negotiating resource should your New York company’s executives or employees be kidnapped, and held for ransom or extortion.
In a time of crisis like this, kidnap insurance can prove to be invaluable by providing both financial indemnification as well as skilled negotiators and expert crisis management resources. For corporate clients with executives traveling outside of the U.S. in potential “hot spots” KR&E protection can be arranged on a per trip/particular time frame basis, or on an annual basis to cover the risk for all trips during the course of the year. In addition to corporate executives, kidnap insurance is also deployed to protect celebrities, politicians, security contractors and sports figures while traveling overseas.
As mentioned, the policy form is tailored to provide a limit of coverage for potential ransom payouts, but also pays for the costs of expert negotiators and experienced consultants that can resolve conflicts quickly and safely.
Serving New York Businesses with Kidnap, Ransom & Extortion Insurance
Since 1929, The Coyle Group has been serving New York businesses with kidnap insurance in the Rockland County communities of: New City, Nanuet, Haverstraw, Pearl River, Stony Point, Suffern, West Nyack, Congers, Valley Cottage, Nyack, Orangeburg, Blauvelt, Palisades, and Chestnut Ridge; the Orange County communities of: Goshen, Pine Bush, Middletown, Newburgh, New Windsor; the Westchester County communities of: White Plains, Yonkers, New Rochelle, Bedford, Elmsford. And in New York City – Manhattan, Bronx, and Brooklyn.
For more information on Kidnap, Ransom & Extortion Insurance please call in New City, New York at 845-634-3606.