Burns & Wilcox Canada Underscores the Importance of Kidnap & Ransom Insurance
November 12, 2013 by Burns & Wilcox Canada
Protects clients at home and abroad from growing threat
Toronto, ON [November 12, 2013] – Burns & Wilcox Canada today highlighted importance of Kidnap & Ransom (K&R) coverage for corporate Canada and outlined how its customizable K&R product can help companies protect themselves from undue risk.
“The threat of kidnapping and extortion has dramatically increased not only abroad, but also at home. Incidents have occurred with alarming frequency throughout the world and are not always taking place in the usual hotspots,” said Gary Hirst, National Director, Burns & Wilcox Canada. “Our K&R specialists are able to identify the risks specific to a company or individual and provide a tailored policy with comprehensive protection.”
Burns & Wilcox Canada’s coverage options are customarily written on an unrestricted worldwide basis and policies can be tailored for a variety of organizations, including but not limited to: religious institutions, educational facilities, hospitals and charities.
Burns & Wilcox Canada’s K&R coverage includes hijacking and express kidnapping, extortion, bodily injury, detention and extortion property damage. Coverage can be secured on a short-term basis, for individual trips or for an entire organization, including relatives and guests of insured persons. It also offers policy periods up to 36 months.
Enhanced coverage options include:
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Through its partnership with Unity Resources Group, policyholders benefit from unlimited fees and expenses for crisis response. Unity Resources Group is a leading and trusted international provider of security, risk, and crisis response services and is supported by over 1,200 staff operating from a network of offices around the globe. Policy holders also have access to a 24-hour crisis hotline.
Submissions for K&R polices can be quoted within 24-hours of receipt, with indications available based on preliminary underwriting data. The policies also have no minimum premium requirements or required deductibles.
For more information on Burns & Wilcox Canada’s K&R coverage, please contact:
- Lalita Mohabir
- Senior Personal Accident Underwriter
- Burns & Wilcox Canada
- Tel: 416.774.2477
- Email: LMohabir@Burns-Wilcox.Ca
About Burns & Wilcox Canada
Burns & Wilcox Canada is a leading wholesale broker and underwriting manager for the retail brokerage community. Burns & Wilcox Canada leverages both Canadian domestic insurers as well as international carriers, including Lloyd’s underwriters. With access to a broad range of specialty products including commercial lines, professional liability and personal insurance, the company offers unrivaled service and access to an international network, giving brokers a competitive edge for facilitating trans-border business for Canadian clients. With offices in Toronto, Ottawa, Calgary and St. John’s, Burns & Wilcox Canada is part of the Kaufman Financial Group.
More information can be found at http://www.burnsandwilcox.ca
About Burns & Wilcox and the Kaufman Financial Group
Burns & Wilcox is the industry’s largest privately-held wholesale broker and underwriting manager. Burns & Wilcox has more than 40 offices across the United States, Canada and London and employs more than 1,000 professionals. Founded in 1969 and headquartered in Metro Detroit, Burns & Wilcox is internationally recognized for its insurance brokerage and underwriting expertise in commercial and professional liability, property, marine and personal insurance.
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