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Kidnap and Ransom Insurance in Colorado

Colorado’s diligent-effort waiver is limited to an exempt commercial policyholder under Colorado’s Type II insurance rules; ordinary business status alone does not qualify. Every Colorado surplus-lines contract must also identify the policy as nonadmitted and state that the Colorado Insurance Guaranty Association does not protect it. 1,2

What Is Kidnap And Ransom?

Kidnap and ransom insurance provides financial protection for specified kidnapping and extortion events and gives the business access to a crisis-response firm. Check who is insured, which events are named, and how territory and sanctions terms apply to your actual travel. Read the national Kidnap and ransom guide.

What to Watch for in Colorado

  • Confirm the Colorado Exempt-Policyholder Definition

    Colorado’s statute ties the search waiver to an exempt commercial policyholder defined by statute and rule, including Type II insurance and prescribed organization and risk-manager qualifications. Ask your broker to identify which criteria your business meets before relying on the waiver. 1,2

  • Read the Colorado Nonadmitted Notice

    Colorado requires a stamp on each surplus-lines contract identifying it as nonadmitted and stating there is no protection under the Colorado Insurance Guaranty Association Act. Do not treat that wording as a K&R coverage term; review the insurer’s own response and reimbursement provisions separately. 1

  • Confirm Colorado Is the Governing Home State

    Colorado’s surplus-lines statute defines the relevant placement by the insured’s home state. For a multistate business or group policy, ask the broker to document the home-state determination before applying Colorado’s ECP rules or required contract notice. 1,3

Who Regulates Insurance in Colorado

Colorado Division of Insurance

The Division administers Colorado insurance laws and regulates insurers and insurance producers. You can search producer licenses through Colorado’s official DORA lookup and send insurance complaints to the Division. 4,5,6

Surplus-lines tax and stamping office

Reported tax rate: 3% of net premium When Colorado is the insured’s home state, its surplus-lines tax is 3% of taxable premium. The Colorado Surplus Lines Association says insurer or broker fees charged in connection with the placement are included in the tax base; federal or other-state taxes and examination fees are excluded. For multistate risks, a tax-sharing agreement may allocate premium tax to other states. 7,9,8

Providers With Documented State Licenses

These providers publish a national listing for Kidnap and ransom; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Colorado. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • CorgiCorgi Insurance Services, Inc.Insurance producer · checked 2026-09-28Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability. 12

Questions to Ask Before You Buy in Colorado

  1. Which Type II insurance and risk-manager criteria make our organization an exempt commercial policyholder in Colorado?
  2. Will the issued contract carry Colorado’s required nonadmitted and guaranty-association notice?
  3. What facts make Colorado the home state for this insured and this multistate K&R policy?
  4. Which policy provisions define covered persons, response costs, consent, territorial scope, and ransom reimbursement?

Kidnap And Ransom in Colorado: FAQ

Does every Colorado business qualify to skip the surplus-lines search? 1,2

No. Colorado ties that exception to a statutory exempt commercial policyholder definition and implementing rules, including Type II insurance and additional purchaser and risk-manager criteria. 1,2

Does the Colorado Insurance Guaranty Association back a surplus-lines K&R policy? 1

No. Colorado law requires the contract to state that the policy is not protected under the Colorado Insurance Guaranty Association Act. 1

Kidnap And Ransom in Other States

Other Coverage in Colorado

Sources

  1. Colorado Revised Statutes 2026, Title 10. Colorado General Assembly, Office of Legislative Legal Services; §§10-4-1402, 10-5-103, 10-5-104, 10-5-106: exempt commercial policyholder, placement, and contract notice. Accessed 2026-09-28.
  2. 3 CCR 702-5: Exempt Commercial Policyholders. Colorado Secretary of State, Code of Colorado Regulations; Sections 3–5: Type II policyholder and risk-manager criteria. Accessed 2026-09-28.
  3. 15 U.S.C. §8202: Regulation by Insured’s Home State. U.S. House, Office of the Law Revision Counsel; Subsections (a), (c): home-state-only placement regulation and preemption. Accessed 2026-09-28.
  4. Colorado Division of Insurance. Colorado Department of Regulatory Agencies; Official insurance regulator homepage; DOI oversight and consumer resources. Accessed 2026-09-28.
  5. DORA Online Services. Colorado Department of Regulatory Agencies; Official DORA online services portal; select Online License Verification and insurance profession. Accessed 2026-09-28.
  6. File a Complaint. Colorado Division of Insurance; Official form and instructions for insurance complaints. Accessed 2026-09-28.
  7. HB23-1111: Unauthorized Insurance Premium Tax Rate. Colorado General Assembly; Enacted bill harmonizes unauthorized insurance tax rate at 3%, effective January 1, 2024; parity with surplus-lines rate. Accessed 2026-09-28.
  8. Frequently Asked Questions. Surplus Lines Association of Colorado; FAQ: Colorado home-state tax; fee charged by insurer or broker in connection with placement included in premium base; qualifying federal/other-state taxes and examination fees excluded; commercial exempt policyholder due-diligence exception. Accessed 2026-09-28.
  9. Colorado Revised Statutes, Title 10 (2024). Colorado General Assembly, Office of Legislative Legal Services; C.R.S. § 10-5-111.5, surplus-lines premium tax and home-state application. Accessed 2026-09-28.
  10. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  11. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  12. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  13. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  14. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  15. About Risklytics. Risklytics; What we do; Who we insure; Licensing; Agency licenses table dated 2026-09-10. Accessed 2026-09-16.
  16. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  17. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

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