The Latest Launches From Hiscox and Markel

February 16, 2017

A division of Hiscox is adding and expanding coverage for media and creative industries. Markel plans to join the surety market, with an initial rollout in the UK, Ireland and continental Europe.


Hiscox UK and Ireland is rolling out two custom professional indemnity products designed to address new exposures faced by digital marketing and event companies.

Additionally, the specialist insurer said it has beefed up its marketing, advertising and communications, commercial film producers and multimedia products to address changing risk landscape in those sectors.

Hiscox’s new and updated products in this space include the following coverage elements:


Markel International, the London-based specialist insurer and Markel Corp. subsidiary, will join the surety market in March.

Plans call for initially focusing on opportunities in the UK, Ireland and continental Europe. Eventually, the surety business will expand to other regions outside of North America.

Markel added that hubs in London, Singapore and Dubai will offer “a broad spectrum of [products] to corporate and financial institution clients,” ranging from excess-of-loss, multi-buyer policies to single obligor credit, contract frustration and political risk coverage.

Sources: Hiscox, Markel