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					KRAUTER & COMPANY
                                                       P r o d uc t s
                                                                     KIDNAP & RANSOM

   UNDERSTANDING KIDNAP & RANSOM

   Kidnap & Ransom are very real and growing threats in today's world, and Krauter &
   Company is well equipped to assist clients in proactive threat assessment and
   management. While the most vulnerable companies to kidnapping are those that have
   employees based or traveling overseas, organizations that have high profiles, handle
   large amounts of cash, or work with sensitive information or technologies are equally at
   risk. While rarely publicized, extortion against corporate assets or products is increasing
   rapidly in North America. Examples include extortion involving: bodily injury, property
   damage, pollution, cyberspace, and intellectual property. Companies need to prepare
   for these threats that can originate or occur virtually anywhere in the world.

   WHY KRAUTER KIDNAP & RANSOM?
   Kidnap and Ransom Insurance is a benefit for any company with employees either
   traveling to or based overseas, particularly Latin America, Asia, Eastern Europe and
   Africa. It is particularly suited to cash rich or high profile companies operating
   domestically or in other countries, as well as for manufacturers or retailers of consumer
   goods.

   Risks Covered:

          Kidnap/Alleged Kidnap: a seizure or detention of an insured person for the
          purpose of demanding ransom monies.
          Extortion: payment demands following a threat to kill or injure and insured
          person, damage property, contaminate products, divulge trade secrets or
          destroy electronic data by computer virus.
          Wrongful Detention: involuntary confinement by a government entity or
          insurgent organization resulting from the arbitrary or capricious act of an agent
          of or with the tacit approval of said entity or organization.
          Hijacking: illegal holding under duress of an injured person for more than six
          hours while traveling on any aircraft, motor vehicle, or waterborne vessel.

   Coverage Includes:

          Death or dismemberment benefits arising from a covered incident.
          Loss in transit of payment
          Recall costs
          Ransom/extortion payment
          Judgment, settlement, and defense costs
          Consulting costs
KRAUTER & COMPANY
                                                   P r o d uc t s
         Business interruption
         Related expenses: consultants salary continuation, personal financial losses,
         medical costs, rest and rehabilitation, travel and accommodation, loan interest
         payment, reward, interpreter, forensic analysis, other reasonable and necessary
         expenses

   MORE INFORMATION? CONTACT US.

   For more information about Krauter & Company’s Kidnap & Ransom capabilities and
   professionals, send your request to: info@krautergroup.com.

				
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posted:5/6/2010
language:English
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