What Does Kidnap and Ransom Insurance from Relm Insurance Cover?

Relm announced its own Kidnap and Ransom (K&R) insurance product, built in partnership with an unnamed third-party industry leader in personnel security and crisis response for the incident-response side of the offering. ¹Company-reportedCompany launch announcement; not a statement identifying the specific issuing insurer for a K&R placement.

The reviewed announcement does not name the specific issuing insurer for K&R policies, only describing Relm as the specialty insurer launching the product and a named third-party partner for security response services. ¹Not publicly disclosedLaunch announcement as read on 2026-09-23.

Relm designed the K&R product specifically for individuals and organizations in the digital asset and cannabis sectors, citing crypto leaders being doxxed or publicly linked to token holdings, and cannabis operators handling large amounts of physical cash due to banking constraints, as the targeted exposures. ¹Company-reportedLaunch announcement 'Addressing a New Class of Risk' section; not a guarantee of eligibility for a particular individual or organization.

Relm says the K&R product covers kidnap, extortion, threats, disappearance, express or virtual kidnap, malicious detention, hijack and hostage crises, and evacuation due to a credible threat. ¹Company-reportedLaunch announcement coverage list; the issued policy and declarations control.

Relm says the product gives clients immediate access to a 24/7 operations center and a team of Security Response Directors with over 200 years of combined crisis experience across more than 1,600 incidents, strategically located in the US, Colombia, Mexico, the UK, France, Portugal, Nigeria and Spain. ¹Company-reportedLaunch announcement crisis-response description; provided through the named third-party security partner, not Relm directly.

Relm says the policy includes a 10% Risk Mitigation Allowance for pre-incident support such as training, security-awareness sessions, threat briefings and optional exposure reviews, plus 24/7 hotline access. ¹Company-reportedLaunch announcement 'Ensuring Pre-incident Readiness' section.