CFC vs Travelers 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.

Travelers offers kidnap and ransom coverage as one line within its Global Companion Plus+ package for technology and life-sciences companies with international exposure, and also lists it as a standalone product on its Management & Professional Liability catalogue page. ^10,11Company-reported. Global Companion Plus+ "Robust suite of insurance coverages" section and Management & Professional Liability product list.

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.

Not described in the reviewed sources.

Not described in the reviewed sources.

As part of Global Companion Plus+, kidnap and ransom coverage is aimed at U.S.-based technology and life-sciences companies with employees who travel internationally or operations abroad; the U.S. version of the package is non-admitted, meaning it is not equivalent to a locally admitted policy in every country. ¹⁰Company-reported. Global Companion Plus+ page "Who is Global Companion Plus+ right for?" and "Coordinated domestic policy gap coverage" sections.

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.

Travelers says kidnap and ransom coverage typically pays kidnappers or extortionists, covers loss of ransom in transit, and reimburses other expenses incurred as a result of a kidnapping. ¹¹Company-reported. Management & Professional Liability Insurance page, kidnap and ransom entry; exact terms and exclusions are set by the issued policy.

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.

Neither reviewed page publishes limits, retentions or premiums for kidnap and ransom coverage; amounts would appear on a quote. ^10,11Not found in reviewed sources. Global Companion Plus+ and Management & Professional Liability pages as read on 2026-09-23.

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.

Travelers says Global Companion Plus+ policyholders get access to its International Network of Insurance, a network of local carriers in over 150 countries, plus global executive support services offering medical, personal and travel assistance for employees traveling overseas. ¹⁰Company-reported. Global Companion Plus+ page "Extensive international network of partners" and "Global executive support services" sections.

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.

Kidnap and ransom coverage is bought through a Travelers independent agent or Travelers representative. ¹⁰Company-reported. Global Companion Plus+ page "Consult your insurance agent today" section.