All the headlines from our Hiscox Topic Page, ordered by recency.
Oct 22 2020 // PartnerRe Ltd. announced that Andrew Hughes will join PartnerRe in the new role of CEO, Third Party Capital, subject to immigration approval.Hughes will be responsible for further developing and growing PartnerRe’s...
Oct 21 2020 // Hiscox Ltd., the international specialist insurer, announced the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. Reardon succeeds Mike Krefta, who, as announced in August,...
Oct 19 2020 // Aspen Insurance Holdings Ltd. has appointed Tony Rai as head of claims for Aspen Insurance UK (AIUK) and Aspen Managing Agency Ltd. (AMAL).Rai will join Aspen in early 2021 from Hiscox, where he has been head of London...
Sep 9 2020 // Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines.Headed up...
Aug 24 2020 // Wright National Flood Insurance Services (WNFIS) has introduced two private flood insurance products for Virginia residential property owners – The Wright Residential Private Flood Insurance Program and Hiscox...
Aug 3 2020 // Hiscox, the global specialist insurer, announced that Mike Krefta has decided to return to the UK in early 2021, having completed almost four years as CEO of Hiscox Re & ILS based in Bermuda. After 17 years with...
Aug 3 2020 // Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the red on Monday and pummeled its shares to their lowest in more than two months.The company, which...
Jul 15 2020 // Hiscox, the international specialist insurer, has appointed Adam Petrone as senior vice president and Northeast regional executive in the U.S.In his new role, Petrone will lead the Northeast region underwriting team in...
Jul 14 2020 // Specialty insurer AXIS Insurance announced the hiring of three experienced underwriters to its U.S. Cyber and Technology team.Peter Smith will join AXIS as underwriting manager, while and Emma Werth and Jessica Currier...
Jul 6 2020 // Hiscox, the Bermuda-based specialist insurer, together with RKH Reinsurance Brokers, has launched a new variable consortium with a maximum line of over US$20 million for a range of challenging general liability risks such...
Jun 23 2020 // Cyber losses among businesses have risen nearly six-fold during the past year, from a median cost of $10,000 per firm to $57,000, according to an international survey commissioned by insurer Hiscox.Total cyber losses among...
Jun 23 2020 // Hiscox has partnered with Thimble, a short-term liability insurance provider for small businesses, to offer coverage available by the hour, day or month.The partnership will allow Hiscox to give businesses flexibility,...
Jun 15 2020 // The law firm that represents the Hiscox Action Group has commenced an arbitration against Hiscox Insurance for non-payment of business interruption insurance totaling £40 million ($50 million).The action group, composed...
Jun 1 2020 // Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry regulator said on...
May 6 2020 // Lloyd’s insurer Hiscox has successfully raised capital of approximately £375 million (US$465 million) as a result of an equity placement of new ordinary shares.The company announced the equity placing on May 5,...
May 5 2020 // Lloyd’s insurer Hiscox is planning a capital raise via the placement of new ordinary shares, which will enable the company to respond to expected growth opportunities ahead and prudently prepare for possible...
Apr 29 2020 // Angry Hiscox policyholders have formed an action group in the UK to fight Hiscox’s pandemic exclusions to its commercial business interruption policies. More than 300 UK policyholders have joined the Hiscox Action...
Apr 20 2020 // With cyberattacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide...
Apr 16 2020 // Hiscox’s core policy wordings do not provide cover for business interruption as a result of the general lockdown measures taken by the UK government in response to the coronavirus pandemic, said the company in a...
Apr 15 2020 // Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that do should make interim pay-outs quickly, a watchdog said on Wednesday, as insurers come...