Hiscox News

Hiscox Names Wong Regional Executive for Northwest

Rick Wong, based in San Francisco, Calif. has been named regional executive for Hiscox’ Northwest area. Wong is one of Hiscox three recent appointments to the Hiscox U.S. field and underwriting management teams, which are dedicated to providing commercial insurance …

Hiscox Appoints Peterson as Miscellaneous Professional Liability Product Head in N.Y.

Hiscox, an international specialist insurer, has appointed Tyler Peterson to miscellaneous professional liability product head in New York. Peterson joined Hiscox in 2012 as a professional risks underwriter and most recently drove product development and expansion across Hiscox UK’s Media …

TWFG Expands Flood Offerings in Texas via Lloyds of London Syndicate

The Woodlands Financial Group (TWFG) has expanded flood insurance products to the state of Texas in partnership with syndicated members of Lloyds of London, the agency announced. The “FloodPlus” insurance product offers higher coverage limits, a wider scope of coverage, …

Hiscox Names Walter as CEO Hiscox Global Retail, Langan as CEO of Hiscox USA

Hiscox Ltd. announced that Ben Walter, the current CEO of Hiscox USA, will relocate to London to take up the newly created role of CEO Hiscox Global Retail. He will be succeeded as CEO Hiscox USA by Steve Langan, the …

Nearly 75% of Organizations in 5 Countries Fail in Cyber Security Readiness: Hiscox

Major shortcomings exist in cyber security readiness for nearly three-quarters (73%) of more than 4,100 organizations in five countries, despite keen awareness of the threat, according to a study commissioned by specialist insurer Hiscox. Indeed, almost half, or 45 percent, …

Insurtech MGA Wrisk Gets UK Regulatory Authorization

On the heels of its recent successful crowdfunding raise, the app-based insurtech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK’s Financial Conduct Authority. At the same time being formally admitted into the …

Global Insurer Hiscox Hires Dorr in Massachusetts

Specialist global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships for North America within its London market business. Dorr joins Hiscox from Lloyd’s USA, where he was responsible for managing cover holder and broker …

Hiscox Launches Coverage Suite for Financial Services Firms

Hiscox has launched a new suite of professional and management liability coverages for financial services firms across the U.S. The new platform, Hiscox FS, is an expansion of Hiscox’s current offering to financial services firms. Hiscox FS provides financial services …

Hiscox Appoints Veys from UK Insurer LV= as Chief Investment Officer

Specialist global insurer Hiscox has appointed Alex Veys as chief investment officer. Veys will take over the position from David Astor, who is retiring in 2018 after 15 years at Hiscox. Veys has more than 30 years’ experience in financial …

Q3 Catastrophe Losses Will Bring Rate Hikes by London Market Insurers: Fitch

Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers’ loss-affected lines and could also affect wider market pricing trends, according to Fitch Ratings in a new report. The total industry …