A Guide to Kidnap and Ransom Insurance Coverage 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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