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As businesses expand their corporate activities into increasingly high-risk territories, their employees are operating in or travelling to countries where their safety cannot be guaranteed. | CONTACT Marc Perrin Divisional Director mep@uib.co.uk Antonio Manzi Steve Hatton
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| Kidnappings around the world are estimated
to have increased by 100% since 2002 and
the increased focus on corporate responsibility, Organisations must pay closer attention to the
personal safety of its employees more than
ever before. Current threats impact employee well being and business continuity. It is therefore essential for organisations with such exposures to assess these particular risks and take measured steps to minimise them. If an incident does occur, your company must be ready to respond effectively to a crisis. While some companies have extensive security and risk management resources in-house, few security departments have handled sensitive and time-consuming kidnapping, extortion or political detention incidents. The financial and management implications of such incidents and possible subsequent litigation have made clear the need for expert preventative and incident management advice. Any company with employees operating
or travelling overseas, especially in highrisk
territories in Africa, Asia, the Middle-East and Latin America, should consider a
Kidnap & Ransom insurance policy.
The threat of kidnapping has traditionally
been associated with Latin America but
has now become an issue throughout
the World. In the event that your business is confronted with a kidnap or extortion situation, the policy will provide
you with the services of a leading response consultancy whose primary role is to help you achieve the
quickest and safest possible release of the victim.
UIB has dedicated team of Kidnap and Ransom specialists whose expertise has secured a Worldwide
Facility with a leading Lloyds Syndicate with a limit of USD 10,000,000. Click here for a printable PDF version
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