CFC vs Relm Insurance 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.

Relm announced its own Kidnap and Ransom (K&R) insurance product, built in partnership with an unnamed third-party industry leader in personnel security and crisis response for the incident-response side of the offering. ⁹Company-reported. Company launch announcement; not a statement identifying the specific issuing insurer for a K&R placement.

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 reviewed announcement does not name the specific issuing insurer for K&R policies, only describing Relm as the specialty insurer launching the product and a named third-party partner for security response services. ⁹Not publicly disclosed. Launch announcement as read on 2026-09-23.

Not described in the reviewed sources.

Relm designed the K&R product specifically for individuals and organizations in the digital asset and cannabis sectors, citing crypto leaders being doxxed or publicly linked to token holdings, and cannabis operators handling large amounts of physical cash due to banking constraints, as the targeted exposures. ⁹Company-reported. Launch announcement 'Addressing a New Class of Risk' section; not a guarantee of eligibility for a particular individual or organization.

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.

Relm says the K&R product covers kidnap, extortion, threats, disappearance, express or virtual kidnap, malicious detention, hijack and hostage crises, and evacuation due to a credible threat. ⁹Company-reported. Launch announcement coverage list; the issued policy and declarations control.

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.

Not described in the reviewed sources.

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.

Relm says the product gives clients immediate access to a 24/7 operations center and a team of Security Response Directors with over 200 years of combined crisis experience across more than 1,600 incidents, strategically located in the US, Colombia, Mexico, the UK, France, Portugal, Nigeria and Spain. ⁹Company-reported. Launch announcement crisis-response description; provided through the named third-party security partner, not Relm directly.

Relm says the policy includes a 10% Risk Mitigation Allowance for pre-incident support such as training, security-awareness sessions, threat briefings and optional exposure reviews, plus 24/7 hotline access. ⁹Company-reported. Launch announcement 'Ensuring Pre-incident Readiness' section.

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.