KRE Insurance Adapts to Increasingly Global World, Sophisticated Criminals

KRE Insurance Adapts to Increasingly Global World, Sophisticated Criminals

Proliferation of incidents drives need for Kidnap, Ransom, Extortion coverage; mid-market and nonprofit groups join Fortune 1000 in purchasing policies.

Kidnap, Ransom and Extortion (KRE) insurance has become a coverage shaped both by intense carrier competition and a growing global need for it among corporations and the wealthy.

Kidnapping and extortion has become an industry of highly organized, often technologically advanced criminal groups looking to make a statement, a quick buck—or both.

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