List who travels and where
Share the employees who travel or work abroad, their destinations and how long they stay. Your Spot team asks about families and guests you want included.
Northstar GroupOrganized by Spot
Kidnap and Ransom Insurance Quotes
Get kidnap and ransom insurance quotes with Spot
Tell your Spot team who travels and where, and we prepare the submission brokers use to request kidnap and ransom quotes.
Get quotes from 15+ kidnap and ransom insurance providers
- Travelers and destinations described once
- Named events, territory and approval conditions compared
- Keep your broker or switch, with no commissions on premiums
How it works
Name the entities and events
We write down the business entities to be insured and the events you want addressed: kidnapping, extortion, detention or hijacking.
Kidnap and ransom insurance
Northstar Group · Policy review
- Policy wording
- Coverage limits
- Compare with
- Contract requirements
Confirm with your broker
Limits, exclusions, and endorsements
Brokers take it to market
We work with brokers to request proposals from specialty insurers, and follow up on underwriters’ questions about travel.
# spot-support
AlexNorthstar Group
What do we need to request kidnap and ransom insurance quotes?
RileySpot
Let’s prepare the information for your broker and compare the terms, not just the price.
Compare response and conditions
Each proposal’s response firm, limits, retentions, notification and approval conditions, and territory and sanctions terms sit side by side.
Insurance documents
Quote requestKidnap and ransom insurance
Coverage limits · Policy terms
Northstar Group
What you’ll need
- 01
Travel destinations
Where people travel or work and how much time they spend there, since territory terms depend on it.
- 02
Who is to be insured
Employees, relatives, guests and the business entities, named in the policy.
- 03
Events to include
Kidnapping, extortion, detention or hijacking, each compared separately.
- 04
Business entities
The organizations that should be covered.
- 05
Existing travel and security arrangements
Whatever you already have for travelers, so a new policy fits with it.
- 06
Limits and retention
Event and aggregate limits and the retention you want to discuss.
- 07
Current policy
Your expiring terms, if you have a policy now.
What affects your price
- 01
Destinations
Where people travel is a main factor in how the exposure is priced.
- 02
Number of travelers
More insured people means more exposure.
- 03
Events included
Each selected event, such as detention or hijacking, can add to the premium.
- 04
Limits and retention
Higher event and aggregate limits cost more, and a higher retention can lower the price.
- 05
Territory and sanctions terms
Restrictions affect which destinations and activities the policy actually reaches.
Providers your broker can approach
Get quotes from 15+ kidnap and ransom insurance providers.
- AIG
- Aon
- CFC
- Chubb
- CNA
- Corgi
- Coverdash
- And many more
Common questions
Does the policy pay a ransom upfront?
Not necessarily. A policy may provide crisis-response experts but reimburse specified payments rather than supply the funds, so we check which payments qualify and what approval is needed.
Are family members covered?
Only if the policy names them. We check which employees, relatives and guests each proposal insures.
What happens if I don’t follow the notification rules?
Notification, confidentiality and approval conditions apply in an incident, so we flag them in every proposal.
Can my specialty broker place kidnap and ransom?
Yes. Spot works alongside brokers and takes no commissions on premiums. You can also move to another broker.
Related
Get insurance off your to-do list.
Tell your Spot team who travels and where, and we prepare the submission brokers use to request kidnap and ransom quotes.
Get StartedLearn more before you get quotes
Read these before you choose a policy or an insurer.
