Tangram Insurance Services And Costero Brokers Ltd. Partner With Brit Syndicate At Lloyds For Kidnap & Ransom And Personal Accident Cover
PETALUMA, Calif., Oct. 7, 2020 /PRNewswire/ — Tangram Insurance Services, Inc. (“Tangram”), a Managing General Agency, and Costero Brokers, Ltd. (“Costero”), an independent London broker, today announced a partnership with Brit Syndicate at Lloyds (“BRIT”) to provide Kidnap & Ransom and Personal Accident coverage through an exclusive facility.
The facility is accessible to all Tangram appointed retail brokers in the US, providing up to $50m in Kidnap & Ransom Coverage and up to $2.5m per person in Personal Accident & Illness. The coverages include Extortion, Unlawful Detention, Hijack, Disappearance, Hostage Crisis and Threat Response. Additionally, the facility can provide up to $250k in cyber extortion limit, covering extortion incidents from a computer attack, network disruption and restoration of data costs. It also provides coverage for related cyber incident response costs, business interruption expenses and legal costs.