CFC vs Gallagher Kidnap and Ransom Insurance

CFC underwrites a land-based kidnap and ransom (K&R) policy for businesses and their employees, paired with crisis response services, and separately sells a specialist marine K&R product for commercial and leisure maritime activities. ⁵Company-reported. K&R product page introduction, which explicitly distinguishes the land policy from the separate marine K&R product.

Gallagher's Executive and Financial Risk practice places kidnap, ransom and extortion coverage with outside carriers; it does not underwrite the policy. ⁹Company-reported. Group-level executive-and-financial-risk practice page.

The reviewed K&R product page does not name the insurer or Lloyd's syndicate backing the policy. CFC's regulatory page lists CFC-affiliated underwriting vehicles, including its own Lloyd's Syndicate 1988, but does not tie one specifically to K&R. ^5,4Not publicly disclosed. Checked the K&R and marine product pages plus CFC's regulatory information page; none names a K&R-specific carrier.

The executive-and-financial-risk page does not name the insurer that would issue a given client's kidnap and ransom policy. ⁹Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Not described in the reviewed sources.

Gallagher describes kidnap, ransom and extortion coverage as relevant to companies whose executives, employees or families travel or work in higher-risk settings, and separately says it is "a must for all companies," without naming a specific industry or size limit. ⁹Company-reported. Group-level executive-and-financial-risk practice page.

CFC describes the land K&R policy as offering a broad definition of bodily injury, legal and expense cover, an extended personal accident benefit, and optional endorsements a broker can add for a specific business. ⁵Company-reported. Key features section of the K&R product page; exact terms are set by the policy as issued.

CFC's marine K&R product is a separate policy covering hijack and seizure of a vessel or kidnap of crew, with combined limits up to USD 25 million for kidnap and ransom and loss of hire, plus standalone loss-of-hire cover available on its own. ⁶Company-reported. Marine product page description of the marine kidnap and ransom line, distinct from the land K&R policy.

Gallagher describes this coverage as protecting executives, employees and their families whose work and travel expose them to kidnapping and extortion risk, and says it can also secure ransomware coverage. ⁹Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.

The land K&R product page does not publish specific limit amounts; only the marine K&R variant discloses a limit figure (USD 25 million combined for kidnap and ransom and loss of hire). ^5,6Not found in reviewed sources. Land K&R page checked on 2026-09-23 does not list numeric limits; marine page separately does.

The page does not publish specific kidnap and ransom limits or premium ranges. ⁹Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Policyholders on both the land and marine K&R products get 24/7 access to expert crisis response consultants through a global response team in the event of an incident. ^5,6Company-reported. Key features on both the K&R and marine product pages.

Gallagher says the coverage it arranges includes access to highly trained rescue and security personnel, and that it analyzes both the policy terms and a carrier's response-team capability when placing this line. ⁹Company-reported. Group-level executive-and-financial-risk practice page.

CFC publishes a downloadable K&R application form alongside the product brochure for brokers or businesses applying for the land K&R policy. ⁵Company-reported. Downloads section of the K&R product page.

Not described in the reviewed sources.