London UK (21 May 2012) - Control Risks today announced that it is enhancing its crisis response capability in the Americas with the incorporation of a number of key Clayton International consultants into its business. This follows a strategic decision by Clayton International’s parent company, Triple Canopy, to leave the kidnap and ransom response market.
Control Risks is the leading consultancy in this market, with over 35 years of unrivalled experience. The company has advised clients on the resolution of more than 2,000 cases of kidnap, piracy, extortion, threat and illegal detention. With the integration of Clayton consultants into Control Risks’ crisis response business, it will further enhance its expertise within this field, enabling the organisation to be even better-placed to support clients both in the Americas and globally.
Richard Fenning, Control Risks’ CEO, said: “This move will ensure that we are well-positioned to continue to provide our clients with the high quality service they have come to expect from us. Clayton’s strong presence, in particular in the US, will further strengthen our already market-leading capability in crisis response.”
Control Risks is the dedicated crisis response provider to the leading insurance organisation, Hiscox. Through this move, Control Risks’ enhanced service capacity will provide a stronger global crisis response footprint.
“The exclusive nature of the relationship between Control Risks and Hiscox will remain unchanged,” said Rob Davies, Global Head of Kidnap and Ransom Insurance for Hiscox. “These former Clayton consultants will no longer respond to incidents insured by any other carrier, and Control Risks, with its increased capacity, continue to offer an unparalleled benefit to our insureds. It’s a very compelling way to further differentiate our kidnap and ransom product offering.”
Armand Gadoury, Managing Director, Clayton International, added: “The incorporation of Clayton consultants into Control Risks will position the enhanced business strongly in the market, providing our clients with a combination of unprecedented capability, experience and global reach.”
For further information please contact:
+ 44 207 970 2318
Control Risks is a global risk consultancy specialising in political, security and integrity risk. The company enables its clients to understand and manage the risks of operating in complex or hostile environments. Through a unique combination of services, wide geographical reach and by adopting a close partnership approach with clients, Control Risks helps organisations effectively solve their problems and realise new opportunities across the world. www.controlrisks.com (external link)
Hiscox, headquartered in Bermuda, is an international specialist insurance group listed on the London Stock Exchange (LSE:HSX). There are three main underwriting parts of the Group – Hiscox London Market, Hiscox UK and Europe and Hiscox International. Hiscox London Market underwrites mainly internationally traded business in the London Market – generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd’s. Hiscox UK and Hiscox Europe offer a range of specialist insurance for professionals and business customers, as well as high net worth individuals. Hiscox International includes operations in Bermuda, Guernsey and USA. For further information, visit www.hiscox.com.
All press releases