HUB International vs Travelers Kidnap and Ransom Insurance

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. ^4,5Company-reported. K&R product page and ProEx coverage list, read 2026-09-23. Neither page names an issuing insurer.

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. ^9,10Company-reported. Global Companion Plus+ "Robust suite of insurance coverages" section and Management & Professional Liability product list.

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. ^4,5Not found in reviewed sources. Checked both pages on 2026-09-23; the carrier for a specific K&R placement depends on the quote.

Not described in the reviewed sources.

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. ⁴Company-reported. K&R product page target-audience description; not an underwriting appetite statement.

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. ⁹Company-reported. Global Companion Plus+ page "Who is Global Companion Plus+ right for?" and "Coordinated domestic policy gap coverage" sections.

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. ⁴Company-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. ^4,5Company-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.

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. ¹⁰Company-reported. Management & Professional Liability Insurance page, kidnap and ransom entry; exact terms and exclusions are set by the issued policy.

Published K&R policy limits or retentions were not found on the reviewed pages. ^4,5Not publicly disclosed. Checked the K&R product page and ProEx page on 2026-09-23; limits are set on the quote and declarations.

Neither reviewed page publishes limits, retentions or premiums for kidnap and ransom coverage; amounts would appear on a quote. ^9,10Not found in reviewed sources. Global Companion Plus+ and Management & Professional Liability pages as read on 2026-09-23.

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. ⁵Company-reported. ProEx page services and claims-support description; not specific to a single K&R engagement.

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. ⁹Company-reported. Global Companion Plus+ page "Extensive international network of partners" and "Global executive support services" sections.

HUB directs K&R prospects to "Connect With a Broker" rather than an online quote or bind flow. ⁴Company-reported. K&R product page call to action.

Kidnap and ransom coverage is bought through a Travelers independent agent or Travelers representative. ⁹Company-reported. Global Companion Plus+ page "Consult your insurance agent today" section.