Hiscox has launched Hiscox Professional Liability Portfolio – a new product that offers ‘tailor made’ policy forms for certain client segments within its allied healthcare (AHC), architects & engineers (A&E) and miscellaneous professional liability (MPL) products. It also includes common and simplified policy language across the three products and the ability to cross sell new coverages, including general liability, to clients.
Hiscox Professional Liability Portfolio offers consultants, trustees and many other service professionals specialized insurance coverage for specific risks stemming from the services they provide. Brokers will now be able to offer ‘tailor-made’ coverage to their clients.
Hiscox Professional Liability Portfolio offers:
- Targeted, industry specific policy forms
- Wider base coverage
- Cross selling opportunities
- ‘Tailor-made’ policy for a clients’ needs
Additionally, the new portfolio offers industry specific forms to beauty salons/day spas, real estate developers and property managers, among others. Industry specific forms benefit clients since the coverage more directly relates to the risks and exposures they face. Brokers using the improved Hiscox forms can offer clients general liability coverage in combination with customized professional liability policies.