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KRE Insurance Adapts to Increasingly Global World, Sophisticated Criminals

05.3.12

Proliferation of incidents drives need for Kidnap, Ransom, Extortion coverage; mid-market and nonprofit groups join Fortune 1000 in purchasing policies.

Kidnap, Ransom and Extortion (KRE) insurance has become a coverage shaped both by intense carrier competition and a growing global need for it among corporations and the wealthy.

Kidnapping and extortion has become an industry of highly organized, often technologically advanced criminal groups looking to make a statement, a quick buck—or both.

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.