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In the face of evolving global security threats, we provide support for businesses and individuals through insurance and risk consultancy expertise – to keep your business in business and your people safe and secure.

Supporting families and organisations around the world

By providing both insurance and risk consultancy services we help our clients to be safe and secure, and to deal confidently with the challenges that the modern world presents. Recognising that threats to businesses and people come in many forms, our insurance is designed to provide both a broad level of coverage and crisis management support. When the unexpected happens, we help you manage and recover.

More than Kidnap & Ransom insurance

We cover the costs arising from a broad range of threats that may impact your people, business, brand or reputation – more than simply kidnap and ransom insurance. Acting as an umbrella policy, Crisis Solution offers world-wide coverage 24 hours a day, 365 days a year. Some types
of crisis are covered automatically as part of our core coverage, others are optional.   

Who is it for?

All industry types especially: aviation, oil and gas, energy, mining, construction, engineering, multinationals, pharmaceuticals and maritime sectors.  Also high and mid net-worth individuals and families worldwide.

 

Crisis Solutions

Access to Response Consultants


Clients have access to consultants at our specialist global response partner  NYA, with the following advantages:

World leading recruitment: experience professional working to the highest possible standards
Global operating model: consultants based strategically across 16 global locations Flexible crisis deployment: up to four consultants deployed upon notification of an incident
Proven and tested expertise: established in 1990

Financial reimbursement

In the event of an incident, AIG will reimburse the following:


- Ransom and ransom lost in transit
- Legal liabilities
- Personal accident benefits
- Additional expenses: (including but not limited to) travel, medical and security expenses

 

What is covered?

 

Extortion
In an extortion scenario the perpetrators demand ransom payment as a condition
of not carrying out the threat. Our extortion coverage responds to illegal threats to kill, injure, abduct your people, to damage property or disseminate trade secrets or confidential information.

Detention
The act of holding people against their will can be effected by anyone, incl. government authorities. Global travellers, foreign workers, and expatriates can be particularly vulnerable. Any detention lasting over 3 hours that’s unrelated to a proven criminal offence or a failure to produce correct documentation is covered.

Kidnap
Kidnap for ransom remains an important source of income for criminals throughout the world. Sitting at the heart of your Crisis Solution policy, any alleged, attempted or actual kidnap is responded to by the industry leading support of NYA.

Hijack
A hijack, like a detention, is triggered when people are held against their will
or ‘under duress’ while travelling. Example scenarios include plane hijackings,
protracted carjackings and water vessel seizures.

Express Kidnap
An emerging crime trend is shorter term abductions with the intention of rapid financial gain. These fast-paced abductions, often concluding in a matter of hours when maximum withdrawal limits have been reached, have been termed ‘Express Kidnapping’. Our Crisis Solution coverage extends the definition of kidnap to allow for this type of short term, face-to-face encounter.

Dissapearance
Disappearance covers investigation costs following the disappearance of an insured person who has been missing for more than 48 hours, whatever the reason.

Security Evacuation
This extension covers the emergency extraction of expatriates or internationally based personnel from any location around the world, should the security environment significantly deteriorate.

Threat
Threats to people and property can come in many forms and not always for financial reasons. This coverage gives a client access to our crisis consultants to conduct an initial threat assessment and if necessary recommend additional physical security support for a period following assessment allowing our customers to immediately respond to any concern and resolve the threat before matters get out of control.

 
 

Main Exclusions

  • A fraudulent, dishonest, illegal or criminal act or attempt of the insured or any of its directors or officers
  • Prior events which occurred before the policy period
  • Property surrendered on and off premises, unless if surrendered by the person who is conveying the ransom

This site only contains an overview of the most important coverages and exclusions. Only the general and specific  conditions (“Insurance Policy”) provide an accurate, binding, description of the covers and exclusions.

It is necessary to fully analyse the Insurance Policy, as well as all other relevant documents with contractual and pre-contractual information before any decision to buy, underwrite, adhere to, accept, sign or conclude an insurance agreement.

About NYA International

NYA International (NYA) is a specialist crisis prevention and response consultancy, which has been in operation since 1990, helping clients reduce their exposure to and manage incidents of kidnap for ransom, extortion, illegal detention, marine piracy, emergency evacuation, malicious product tampering and related global security problems.

In the event of an incident, AIG’s crisis consultants guarantee an immediate response, providing advice to the client’s crisis management team, or family, throughout the duration of the incident to help them manage it to a successful conclusion.

AIG retains the only response team of its kind that will deploy up to four consultants upon notification of an incident: two each to company headquarters and the incident location, providing AIG clients with maximum levels of support during the critical early stages of a crisis.

Important Information

Here you will find information about how to request a quote with detail of premium calculation, the general and specific conditions, and/or other relevant documents with contractual or pre-contractual information, the duration of the insurance policy, the applicable law and jurisdiction, how to file a complaint or reach the ombudsman, etc.