New York-based specialty insurer Hiscox USA said it will now offer kidnap and ransom coverage and has added two experts to grow the product.
Lisa Zanotelli and Derek Rogers have joined Hiscox USA to develop and underwrite stand-alone kidnap and ransom insurance coverage, which will be written on an admitted basis through Hiscox USA’s two New York locations in Armonk and Manhattan.
The two have a combined 30 years experience in kidnap and ransom insurance coverage.
Zanotelli is the former executive vice president of Willis’ special contingency risks practice, and Rogers was senior vice president for Willis’ special contingency risks practice. In those roles, the two provided clients with unique expertise as the only insurance brokers focused solely on kidnap and ransom insurance in North America.
Before joining Willis, Zanotelli led operations for AIG’s crisis management division in North America for security related products such as kidnap and ransom, product tampering, work place violence and terrorism. Rogers was the underwriting manager for the U.S. Northeast region and Canada for the same division.
Hiscox USA’s kidnap and ransom coverage includes access to Control Risks, an independent, specialist risk consultancy that has worked on over 1,500 cases of kidnap, extortion and other crises.
Source: The Hiscox Group
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