December 16, 2022
The G-7 sanctions on Russian oil, which include a $60 per barrel price cap and restrictions on key services such as insurance, may have unintended consequences, according to a maritime insurance specialist. One of those consequences is the creation of …
July 24, 2019
Specialist insurer Hiscox has developed a new security product designed to help protect shipping targeted by nation states. Called “Malicious Vessel Seizure,” the will respond to a single peril of a ship taken by a foreign government, providing loss of …
February 1, 2019
Control Risks in partnership with the Hiscox Group has named product recall specialist Dan Cahill director of product risks. Cahill will be based out of Control Risks’ Houston, Texas office. He was formerly with WorldAware and RQA. He has more …
October 20, 2017
As global attention focused on hurricanes Harvey and Irma, more than 41 million people across South Asia battled floods and displacement. From Afghanistan in the west to Bangladesh in the east, floods could cost South Asia — home to a …
January 26, 2017
Specialist global insurer Hiscox has launched a Security Incident Response (SIR) policy designed to provide clients with crisis management services. “SIR will enable organizations to fulfil their duty of care obligations to protect people, operations, shareholder value and long-term brand …
January 22, 2016
Hiscox has enhanced its stand-alone terrorism portfolio by adding new products covering property damage from malicious attacks utilizing nuclear, chemical, biological and radiological (NCBR) devices. Hiscox NCBR policies offer coverage of up to $25 million for blast damage, decontamination and …
May 4, 2015
Specialist global insurer Hiscox has launched a stand-alone Threat product designed to protect businesses against the loss of revenue suffered as a result of a threat or hoax. The Hiscox Threat policy provides non-physical damage business interruption (BI) cover as …