Kidnap and Ransom Insurance



Kidnap and Ransom Insurance is a specialty crime coverage that insures against loss by the surrender of property as a result of a threat of harm to the named insured, an employee, a relative or guest of the insured or the insured’s employees.


What you need to know about Kidnap and Ransom Insurance:

  • Companies operating in today’s far-reaching worldwide markets face unique and sometimes dangerous situations. It is not unusual for a business and their employees to be the targets of a kidnap or extortion threat.

  • A kidnap and ransom policy purchased by a corporation can cover all employees and all of their immediate family member weather they are traveling for business or for pleasure.

  • A kidnapping or extortion threat may result in losses of hundreds of thousands or even millions of dollars, not to mention the potentially devastating impact on employees and their families.

  • Insurance companies that choose to accept the unique risk of kidnap, ransom and extortion, often enlist the services of well know, worldwide crisis management firms to aid when a threat takes place. The individuals doing the negotiations and hostage recovery are well trained, often former military professionals. They will offer 24 hour worldwide availability and access to risk forecasting. Almost nothing can prepare an organization to negotiate with kidnappers or extortionists. Professional assistance before, during and after a kidnapping or extortion can result in a successful outcome.

Swingle, Collins & Associates specializes in Kidnap and ransom insurance coverage in Dallas, Southlake, Westlake, Plano, Coppell, Irving, Argyle and the surrounding areas.  The descriptions of Kidnap and ransom insurance coverage listed on this website are brief and subject to the provisions, limitations, and exclusions that can only be expressed in your policy and related endorsements. For additional information of how Swingle, Collins & Associates can assist in meeting your coverage needs please contact your dedicated risk manager to discuss the benefits and services of commercial inland marine insurance coverage.

The information contained on this page is provided for informational and educational purposes only. It contains general information on insurance issues and may not reflect the most current developments in insurance coverage and is unlikely to apply in all factual scenarios. The information does not include all the terms, coverage, exclusions, limitations or conditions that may be contained in the actual insurance contract language. The policies themselves must be read for those details. Sample policy forms will be made available upon reasonable request.