Hiscox News

Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked

Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber attack would look like for small businesses. The insurer collaborated with UK bike manufacturer Brompton Bicycle, constructing overnight a complete …

UK MGA Nexus Acquires Hiscox Global Flying

Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that specializes in accident & health and travel insurance. HGF …

Hiscox USA Promotes Hart to Product Head for Media

Specialty insurer Hiscox USA has promoted David Hart to senior vice president, product head for Media. Hart, who joined Hiscox in 2006 and manages media and entertainment insurance products in the U.S., has three decades of experience underwriting media and …

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 …