Gallagher vs HUB International Kidnap and Ransom Insurance

Gallagher's Executive and Financial Risk practice places kidnap, ransom and extortion coverage with outside carriers; it does not underwrite the policy. ³Company-reported. Group-level executive-and-financial-risk practice page.

HUB brokers kidnap and ransom (K&R) insurance both as a standalone product page offering and as one of the Executive Liability coverages in its ProEx Professional & Executive Risk practice, rather than underwriting the policy itself. ^9,10Company-reported. K&R product page and ProEx coverage list, read 2026-09-23. Neither page names an issuing insurer.

The executive-and-financial-risk page does not name the insurer that would issue a given client's kidnap and ransom policy. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

The K&R product page and the ProEx page do not name an issuing insurer for K&R policies; HUB says ProEx places over $2 billion in premium with insurers it calls top-rated carriers, without naming them. ^9,10Not found in reviewed sources. Checked both pages on 2026-09-23; the carrier for a specific K&R placement depends on the quote.

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. ³Company-reported. Group-level executive-and-financial-risk practice page.

HUB markets K&R coverage to organizations with executives who travel internationally, employees working abroad or domestically, and other key personnel whose safety is considered critical to the organization, plus their families. ⁹Company-reported. K&R product page target-audience description; not an underwriting appetite statement.

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. ³Company-reported. Group-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement or exclusions.

HUB cites roughly 15,000 kidnap, extortion or illegal-detention incidents a year generating about half a billion dollars in ransom payments, and says an organization can face significant costs even when no ransom is paid. ⁹Company-reported. K&R product page risk-framing statistics; company-reported and not independently verified by Spot.

HUB's K&R product page cross-references directors and officers liability, business interruption and cyber coverage as related protections, and its ProEx practice groups K&R with other Executive Liability lines such as D&O, employment practices liability and fiduciary liability. ^9,10Company-reported. K&R product page related-coverage links and ProEx coverage list; the pages do not describe specific K&R insuring agreements, sublimits or exclusions.

The page does not publish specific kidnap and ransom limits or premium ranges. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Published K&R policy limits or retentions were not found on the reviewed pages. ^9,10Not publicly disclosed. Checked the K&R product page and ProEx page on 2026-09-23; limits are set on the quote and declarations.

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. ³Company-reported. Group-level executive-and-financial-risk practice page.

HUB says its ProEx practice, which lists K&R among its Executive Liability coverages, provides analytics, litigation support and risk-management services led by a named practice leader, and gives clients access to a Claims & Legal Risks Group of attorneys who specialize in ProEx coverages. ¹⁰Company-reported. ProEx page services and claims-support description; not specific to a single K&R engagement.

Not described in the reviewed sources.

HUB directs K&R prospects to "Connect With a Broker" rather than an online quote or bind flow. ⁹Company-reported. K&R product page call to action.