XL Group is adding a Kidnap, Ransom & Extortion Crisis (KRE) endorsement to its existing ShipShape and ShipShape Plus recreational marine insurance coverages, with limits up to $50 million. Under the new endorsement, yachts insured by ShipShape can choose liability …
XL Group has launched a kidnap, ransom & extortion (KRE) crisis policy that features a new agreement with risk consultancy, Terra Firma Risk Management LLP. Through the agreement, XL Group’s new KRE coverage is accompanied by response capabilities and crisis …
Victor O. Schinnerer & Co., an underwriting manager, has enhanced its kidnap, ransom and extortion insurance coverage with an updated endorsement, the “Schinnerer Enhanced Endorsement.” Effective immediately, the Schinnerer Enhanced Endorsement broadens the definition of kidnap, ransom, and insured persons, …
Victor O. Schinnerer & Co. has added crime and kidnap, ransom, and extortion coverages to its suite of offerings for non-profits. The new coverages round out the program’s existing offering of directors & officers liability (D&O), employment practices liability (EPLI), …
Global professional services company Towers Watson has augmented its crisis management brokerage and consultancy operation with the appointment of three senior specialist insurance brokers. Mark Steddon, based in London, has joined as the global head of terrorism and political violence …
