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Hiscox Syndicate » Protection Offered »
Crisis Response Services
» Who needs this protection?
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Cost
The incidence of terrorism and transnational crime has increased
dramatically in the past decade. No longer entirely political in purpose, some terrorists
are primarily concerned with financial gain.
This new phenomenon not only broadens the base of incident probability in respect
of kidnapping and extortion, but it creates unique needs for coverage that had previously
been unavailable or prohibitively costly. Kidnap and extortion are not just economic
crimes. The costs to businesses, large or small, are substantial. The impact on
the employees and their families who are directly victimized can be even more severe.
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