Crisis Insurance from Ashley General Agency
Ashley General Agency offers a specialized Crisis Insurance program designed to help protect your clients against the serious financial and operational threats posed by kidnap, ransom, extortion, and related crises. Our team of experienced underwriters understands the complex risks businesses and individuals face in today’s global environment and provides tailored solutions to help mitigate those exposures.
Ideal Accounts and Appetite
This program is suitable for a broad range of clients, including corporations with international travel, high-profile executives, high-net-worth individuals, non-profits operating abroad, and educational institutions with overseas programs. We are particularly well-suited to help you place accounts where there is increased exposure to extortion, abduction, or politically motivated threats.
Example scenarios include:
- A Texas-based oil and gas company sending employees to high-risk regions for field operations.
- A university running study-abroad programs in politically unstable countries.
- A business executive traveling internationally on a frequent basis.
Coverage Highlights and Advantages
Our Crisis Insurance program offers broad protection designed to respond to a variety of crisis events. Coverage highlights include:
- Death or dismemberment benefits arising from a covered incident
- Ransom and extortion payment reimbursement
- Loss in-transit payments
- Judgment, settlement, and legal defense costs
- Product recall expenses
- Business interruption coverage
- 24-hour emergency response help line
- Consultant and crisis response team costs
We also cover a variety of related expenses, ensuring comprehensive support during and after a crisis:
- Consultant fees
- Salary continuation and personal financial loss
- Medical costs, rest, and rehabilitation
- Travel and accommodation
- Loan interest payments, rewards, interpreter services
- Forensic analysis and other reasonable expenses
Underwriting Notes and Minimum Premiums
Ashley General Agency can access markets to write many different types of risks, including complex and high-hazard accounts. We work with IINS CO of Pennsylvania and offer this program on a non-admitted basis in select states. Minimum premiums start at $2,500. We evaluate each submission based on the applicant’s risk profile, exposures, and geographic risk factors.
Territories and Availability
This Crisis Insurance program is currently available in Texas. We may be able to consider accounts in other states where non-admitted coverage is permitted, depending on carrier guidelines and state-specific requirements.
Why Work With Ashley General Agency?
As an Excess & Surplus Lines Broker, Ashley General Agency brings specialized expertise and underwriting insight to a complex risk category. We provide independent agents and brokers with access to crisis management resources and tailored coverage solutions not typically available in the standard market. Our responsive team helps you navigate challenging accounts quickly and effectively, giving you a competitive edge in placing difficult risks.