Australia is among the top countries exposed to extortion. Whilst most instances do not become known to the public, many companies, (such as Qantas, Mars, Panadol and Arnotts) have suffered the financial effects of such demands.

Kidnap and hijacking, although not common occurrences in the lives of most Australians, are genuine risks to particular high profile companies, individuals and families.

Marsh, the world’s leading insurance broker and strategic risk advisor, arranges corporate protection (kidnap & ransom) insurance for those companies and individuals who require specialised, worldwide cover for these and other unique exposures.

Who do we arrange cover for?

As part of this specialised insurance facility, Marsh can arrange cover for:

• Companies with personnel who travel or live overseas
• High profile organisations and people (even if they do not travel)
• Wealthy individuals
• Families of all the above

What do we arrange cover for?

A Marsh Corporate Protection policy covers the following risks:

• Kidnap
• Ransom – payment and lost in transit
• Extortion
• Hijack
• Detention
• Response expenses – e.g. crisis manager and control risk group fees
• Legal liability
• Personal accident
• Additional related costs – e.g. psychiatric care, rest and rehabilitation, forensics, corrective cosmetic surgery

What additional coverage benefits are available?

The following cover extensions may be added to your policy.

• Product loss – after recall, examination, destruction
• Loss of earnings – after closure of premises
• Computer virus – causing interruption to business
• Emergency political repatriation – travel costs following expulsion from country or Government recommendation to leave
• Threat response – where no extortion or ransom demand has been made

This webpage contains general information, does not take into account your individual objectives, financial situation or needs.  For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request.

The insurance products above are underwritten by Certain Underwriters at Lloyd’s of London. When arranging those insurance products, Marsh Pty Ltd (ABN 86 004 651 512, AFSL No. 238983) act under a binding authority on behalf of the insurer and not on your behalf. 10/0339