CFC unveils kidnap & ransom product
Policy is backed by a number of Lloyd's syndicates.
CFC has launched a new kidnap and ransom product.
The specialist lines underwriting agency stated that the product is backed by a consortium of Lloyd's syndicates, adding that the offering comes with access to CFC's 24/7 global incident response hotline.
Threats
Kidnap and ransom (K&R) practice leader Mark Baker, said: "Any company sending their staff abroad should consider having kidnap and ransom cover in place should those travelling encounter a problem.
"Our new K&R policy addresses these
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