XL Catlin boosts kidnap response services through S-RM partnership expansion

XL Catlin, a subsidiary of Bermuda-based re/insurer XL Group, has expanded its partnership with S-RM, a specialist risk and business intelligence consultancy, in a deal that makes the latter’s kidnap response services available to XL Catlin’s kidnap & ransom policyholders worldwide.

“S-RM has been an integral part of XL Catlin’s crisis management insurance solutions since 2013. They are a highly sophisticated intelligence company with superb client servicing and a stellar reputation; we are proud to count them as a key partner. Their leading threat mapping, country risk reporting and crisis management services provide real value to our clients,” said Charlie Matheson, global head of kidnap and ransom at XL Catlin.

“S-RM is a partner of choice for XL Catlin. Their global footprint allows them to support our clients across the globe and the breadth of crisis management services they offer, from kidnap and ransom prevention training to cyber security planning, sets them apart in the market.”

Heyrick Bond Gunning, CEO of S-RM, said: “We are delighted to have extended our relationship with XL Catlin. The combination of S-RM’s global security insight platform, hugely experienced team of responders and cyber extortion experts will further distinguish XL Catlin in this complex and sophisticated insurance space.”