Castel Kidnap and Ransom

Castel Kidnap and Ransom, provides insurance solutions for niche marine and land risks.

Established at Castel in 2022 with a lead underwriter who has over 30 years’ experience in underwriting a broad spectrum of Personal Accident and Travel Insurances, and with an in-depth understanding of Kidnap and Ransom Insurance, Castel Kidnap and Ransom is able to underwrite risks across a wide range of occupations in multiple territories.

Range of Coverage:

The policy will provide the insured with unlimited preferential access to one of the world’s leading crisis response companies to manage the incident.

Both stand-alone and combined products covering Kidnap and Ransom, Personal Accident and Business Travel can be offered.

Worldwide land coverage is offered and worldwide marine coverage with pre-agreed breach rates in the high risk areas of the Gulf of Guinea, Gulf of Aden and Indian Ocean is offered.

Castel Kidnap and Ransom coverage includes:

  • The Ransom
  • Unlimited Response Costs
  • Loss of Ransom in Transit
  • Additional Expenses
  • Legal Liability
  • Loss of Hire
  • Personal Accident
  • Accident and Illness out of country medical expense
  • Repatriation
  • Kidnap and Extortion
  • Wrongful Detention
  • Hijack and Hostage Crisis
  • Disappearance Investigation
  • Single Trips or Annual Policies (Marine K&R only)

Capacity Providers:

All capacity providers are at least A rated.

Maximum Line-Sizes

Policy limits of up to USD 10,000,000, higher cover available on request.

Get in touch today to discuss your Kidnap and Ransom Insurance requirements

Kidnap and Ransom