July 01, 2000
Meetings & Conventions: Short Cuts July 2000 Strictly for the birds Current Issue
July 2000
Short Cuts:Top 10 places for kidnap risk

Colombia is Number One on a top-10 list that is not likely to be mentioned in the country’s marketing material. It is the leading danger zone for kidnapping risk, according to recent statistics from London-based Hiscox Group (www.hiscox.com), an international provider of kidnap and ransom insurance. Runners up are Mexico, the former Soviet Union, Brazil, the Philippines, Nigeria, India, Ecuador and Venezuela. The number-10 spot went to South Africa, which made the list this year for the first time.

According to Hiscox spokesperson Alex Gordon Shute, a growing number of firms are recognizing the need to protect employees doing business in risky locations and are quietly paying for kidnapping coverage. “In less-developed countries, Westerners are perceived as wealthy by the local population. That perception places them at risk,” says Gordon Shute. Premiums cover not only financial loss, but preventive security advice, training for company security forces and a 24-hour emergency response team skilled in ransom negotiation.


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