Hiscox News
A Roundup of Major Insurer/Reinsurer Hurricane and Quake Losses Thus Far
Losses from Hurricane Maria and other recent 2017 natural catastrophes—including hurricanes Irma and Harvey, the Mexico City earthquakes, and other events—have led global insurers and reinsurers ...
Harvey Likely Hit Hiscox With $150M in Net Insurance Claims
Specialist insurer Hiscox Ltd. believe it will see net claims from Hurricane Harvey hovering around $150 million. The number is based on an insured market loss prediction of $25 billion, excluding ...
Lloyd’s Insurers’ Hurricane Harvey Risks Drive Investors Away
Lloyd's of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that's battering Houston, the epicenter of the U.S. oil industry. The storm, which which ...
Hiscox/Bold Penguin Partnership Envisions Online Future for Commercial Lines P/C Agents
Hiscox inked a new partnership deal with Bold Penguin, an InsurTech startup known for an online marketplace portal for commercial lines property/casualty agents. Neither side is disclosing financial ...
Companies Without Cyber Cover Relying on Kidnap Insurance to Recoup Ransomware Losses
Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world's political hotspots to recoup losses caused by ransomware viruses such as "WannaCry," ...
Nationwide, Markel, Munich Re Help Back Next Insurance’s $29M Funding Round
Digital Insurance startup Next Insurance nailed down $29 million in Series A funding, with an investor roster that underscores how many old-school carriers are hedging their bets on technology-fueled ...
Hiscox USA Introduces Small Business Workers Comp Policy in California
Specialty insurer Hiscox USA has launched a new workers compensation insurance program for small businesses in California. The policy covers medical benefits and wages should an employee suffer an ...
Experience Is Everything for Krefta, Soon to Take the Helm at Hiscox Re and ILS
When someone gets to be a CEO at the age of 36, perhaps it's a good idea to listen to his story about how he got there and some of the lessons he's learned. From his current position as chief ...