For the 2014 Winter Olympics, a 50-person contingent from the U.S. Ski and Snowboard Association (USSA), including several members of the board of directors, spent 14 days attending various events and competitions in Sochi, Russia. For Tiger Shaw, two-time Olympian and now President and CEO of the USSA, this meant the need to call in some expert help.
The most important step is to understand the level and type of kidnap risk in countries or regions where your organization operates or where employees are expected to travel for business reasons.
If your organization is operating in an area where the risk of kidnap is deemed high, you should consider the Special Risk options available through the insurance market. Carried by many leading underwriters, Kidnap/Ransom and Extortion (KRE) coverage reimburses the losses associated with a kidnap.
As we all soon will head out on upcoming holiday vacations, we all run the danger of becoming a remote risk for our companies, often without being aware of it.
October 1, 2013
As we all soon will head out on upcoming holiday vacations, we all run the danger of becoming a remote risk for our companies, often without being aware of it.
Thousands of well-wishers swarmed around the Pope's vehicle in Brazil, and while the head of the Catholic Church remained calm, his assistants were less than pleased.