When Stakes Are Highest, We’re In Your Corner.
Protection for people, not just property
Kidnap, Ransom & Extortion (K&R) insurance is designed to protect organizations and individuals against the financial, operational, and personal risks associated with kidnapping, extortion, wrongful detention, and related threats.
This coverage goes beyond reimbursement — it provides access to specialized response services when situations are at their most critical.
What Kidnap, Ransom & Extortion Insurance Covers
K&R insurance typically provides coverage for:
Kidnap & Ransom Events — Reimbursement of ransom payments and related expenses following a covered kidnapping.
Extortion Threats — Coverage for threats involving physical harm, property damage, or reputational exposure.
Wrongful Detention & Hijacking — Protection related to unlawful detention or seizure by third parties.
Crisis Response & Negotiation Services — Access to professional crisis response consultants experienced in high-risk situations.
Legal, Medical & Security Expenses — Costs associated with recovery, counseling, medical care, and security measures following an incident.
Coverage is often triggered globally and designed to respond quickly and discreetly.
What It Does Not Cover
K&R policies commonly exclude:
Fraudulent ransom claims
Known or ongoing threats prior to policy inception
Acts of war or terrorism (unless endorsed)
Voluntary surrender without coercion
Government-imposed fines or penalties
Strict confidentiality provisions apply to most K&R policies.
Who Needs Kidnap, Ransom & Extortion Insurance?
K&R coverage is valuable for organizations and individuals with elevated exposure, including:
Companies with traveling executives or employees
Businesses operating internationally
High-net-worth individuals and families
Real estate investors and developers
Public-facing executives and board members
Organizations with sensitive or high-value operations
K&R exposure is not limited to overseas travel — domestic threats and extortion attempts are increasingly common.
How Coverage Is Structured
K&R policies are typically written on a claims-made or occurrence basis, depending on the coverage section, and include:
Confidential policy limits
Reimbursement or direct payment structures
Worldwide coverage territory
Crisis response service agreements
Policies are designed to prioritize discretion, speed, and expert intervention.
Real-World Claim Examples
An executive is targeted during international travel
A company receives a credible extortion threat demanding payment
A family member is wrongfully detained during a business trip
A public figure faces a targeted threat tied to business activities
Early professional response can significantly reduce risk and harm.
Why Proper Placement Matters
K&R coverage varies significantly based on:
Geographic exposure
Travel frequency
Public visibility
Security protocols
Access to crisis response resources
Improper placement can delay response or limit access to critical services.
Our Approach
At Cory Washington & Co., we treat K&R coverage as a people-first protection strategy. We focus on discreet placement, trusted response partners, and coverage aligned with real-world exposure — without unnecessary visibility.
When the stakes are highest, preparation matters.
Disclaimer
All insurance descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or insurance advice. The information presented is general in nature and does not guarantee the availability, terms, conditions, or scope of any insurance coverage. Actual coverage is determined solely by the specific policy language issued by the insurer and remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds coverage, or alters any existing policy. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please consult directly with a licensed insurance professional at Cory Washington & Co. LLC or another qualified insurance professional, and always review your policy documents in full.
Frequently Asked Questions
How do I get kidnap, ransom, and extortion insurance through Cory Washington & Co.?
Request a quote or contact our team. We start with a short conversation about your operations, analyze your exposures, then negotiate kidnap, ransom, and extortion insurance across multiple carriers that compete for your account and present options with the trade-offs explained. Cory Washington & Co. LLC is licensed in all 50 states.
How much does kidnap, ransom, and extortion insurance cost?
It depends on your exposure. Kidnap, ransom, and extortion insurance is priced on factors like your industry, size, prior claims, and the limits and deductibles you select — so two businesses rarely pay the same. We shop your account across competing carriers and present the trade-offs in plain English.
Who needs kidnap, ransom, and extortion insurance?
Whether kidnap, ransom, and extortion insurance is strictly required depends on your state, your contracts, and your lenders or clients. Even where it is not mandatory, going without it can leave serious financial gaps. We assess your exposure and any contractual requirements, then structure coverage that meets both.
What if another agency has already declined or non-renewed my coverage?
Difficult, specialty, and previously-declined placements are a core part of our work. We access excess & surplus (E&S) and specialty markets that many generalist agencies cannot, and we explain the trade-offs clearly so you can decide with confidence.
Available in all 50 states. See how requirements differ in California, Texas, Florida, New York, or choose your state.