Gallagher vs Relm Insurance 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.

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. ⁸Company-reported. Company launch announcement; not a statement identifying the specific issuing insurer for a K&R placement.

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 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. ⁸Not publicly disclosed. Launch announcement as read on 2026-09-23.

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.

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. ⁸Company-reported. Launch announcement 'Addressing a New Class of Risk' section; not a guarantee of eligibility for a particular individual or organization.

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.

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. ⁸Company-reported. Launch announcement coverage list; the issued policy and declarations control.

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.

Not described in the reviewed sources.

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.

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. ⁸Company-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. ⁸Company-reported. Launch announcement 'Ensuring Pre-incident Readiness' section.