Mid-market, HNW join Fortune 1000 in purchasing KRE insurance in increasingly global world

Mid-market, HNW join Fortune 1000 in purchasing KRE insurance in increasingly global world

Several years ago the demand for Kidnap, Ransom and Extortion (KRE) insurance was driven by increases in reported kidnappings, with many more going reported.

Today, kidnappings remain a large concern and still many—as many as 80 percent—go unreported but demand for KRE products may result more from globalization than headline-grabbing incidents.