A Guide to Kidnap and Ransom Insurance Coverage - PowerPoint PPT Presentation

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A Guide to Kidnap and Ransom Insurance Coverage

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West Coast Global Insurance Services has been focused on the Mexico Insurance Sector since 2004. We are not owned by any insurance company, therefore we provide objective information to individuals and business owners like you, helping our client’s make informed decisions about their insurance needs. – PowerPoint PPT presentation

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Title: A Guide to Kidnap and Ransom Insurance Coverage


1
A Guide to Kidnap and Ransom Insurance Coverage
Present by - WestCostri
2
The Problem
  • Today, terrorists, insurgent groups,
    transnational criminal organizations, drug
  • cartels, local street gangs and pirates all use
    kidnap and extortion to fund
  • their illicit activities or to make political
    statements in areas challenged by
  • weakened security environments. When a
    kidnapping, extortion or detention
  • incident occurs the costs can extend well beyond
    ransom payments and can
  • include litigation, adverse publicity and
    long-term damage to image and
  • reputation. There is also a human cost exacted on
    the victims, their families
  • and colleagues.
  •  

3
Mexico Kidnap Ransom Insurance Protection
  • The global landscape is changing. Terrorism, the
    internationalization of crime, economic
    challenges and political turmoil are now everyday
    concerns. Additionally, globalization is creating
    a smaller world in which frontier and emerging
    markets offer the potential for growth and
    diversification. Developing economies account for
    two-thirds of global economic growth, which is
    creating exciting opportunities but also new
    challenges, including an increasing obligation to
    safeguard businesses, personnel and families
    against unfamiliar, yet prevalent threats.

4
MEXICO KIDNAP RANSOM INSURANCE PROTECTION
  • Risk profiling and assessments for clients to
    develop preventative solutions
  • Enterprise resilience strategies
  • Training and familiarization briefing for clients
    including education, exercises and simulation
  • Family security awareness briefings, including
    for children
  • Travel risk management, intelligence and a global
    risk map via a dedicated portal with detailed
    profiling of 180 countries and over 400 cities
  • Access to our team of 50 experienced analysts
    and subject matter experts Planning and
    Preparation
  • Corporate crisis management plan development
  • Corporate crisis management training and
    familiarization

5
Response
  • A dedicated 24/7 crisis line with direct access
    to our Response Operations Centre
  • Direct transfer of calls to our crisis response
    leaders
  • Incident assessment and strategy development
  • Negotiation design, conduct and leadership and
    local incident
  • management
  • Communicating with kidnappers/extortionists
  • Local third party liaison and coordination
    including law enforcement and government
    authorities
  • Family support and provision of personal security
    solutions
  • Media management
  • Delivery of ransoms (if required)
  • Advice to clients reports, assessments, choice
    of options and
  • recommended actions
  • Post incident victim support, repatriation, and
    rehabilitation including
  • post incident debriefing

6
Crisis Response Services
  • Our crisis response services include prevention
    and response solutions to mitigate the risk of
    kidnap for ransom, extortion and illegal
    detention worldwide.

7
Why us?
  • West Coast Global Insurance Services has been
    protecting our clients Assets Health since
    2004. We deliver web-based information to clients
    who are seeking cost-effective coverage. Our
    integrated suite of online services facilitates a
    comprehensive search and review of leading
    insurance companies. Additionally, we partner
    with other forward-thinking companies to
    accomplish strategic objectives related to
    international insurance benefit programs.
  • We value the feedback we receive from our valued
    clients.
  • Providing Peace of Mind for Our Clients
    Worldwide.
  • We Continuously Search Our Markets for the Best
    Pricing Coverages.
  • Providing Asset Health Protection Since 2004.
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