This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

HCC Global Financial Products To Offer Kidnap & Ransom Insurance

BARCELONA, Spain, Dec. 13, 2012 (GLOBE NEWSWIRE) -- HCC Global Financial Products (HCC Global), a leading global provider of Financial Lines Insurance since 1999, today announced the launch of an international HCC branded Kidnap and Ransom (K&R) Insurance product in conjunction with HCC Specialty, a leading global provider of K&R insurance since 1980. HCC Global and HCC Specialty are affiliated businesses owned by HCC Insurance Holdings, Inc.

HCC Global will offer K&R insurance, with policies commencing in January 2013, to its international network of brokers in Europe, the Middle East, Africa and Asia, upholding HCC Specialty's reputation as a specialty insurer of reference for K&R in the international market.

Thibaud Hervy and Philippe Vézio, Managing Directors at HCC Global, commented, "Over the past 13 years, HCC Global has developed a unique international distribution platform for specialty insurance solutions suited to our worldwide clients.  We are excited to add this new product to our catalogue and look forward to presenting it to our brokers."

"HCC Specialty has vast experience in providing solutions to large corporations and families potentially exposed to the threat of kidnapping, extortion and detention.  That, together with our in-depth local knowledge of international markets, will ensure a seamless level of service and first class underwriting for our clients," added Mr. Hervy and Mr. Vézio.

Bert Van Wagenen, Senior Vice President of Underwriting at HCC Specialty said, "We have built a strong presence in the K&R insurance market over the last 30 years, and we feel that the time has come to develop an HCC branded K&R international product.  In order to do so, it was vital for us to count on a global multilingual partner with extensive reach and one able to maintain the high underwriting standards on which we pride ourselves.  HCC Global's international operations are well positioned to incorporate K&R in their product line-up, and our areas of collaboration are set up for success."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs