Hiscox News

Hiscox Q1 Overall Growth Offsets U.S., Cyber Repositionings

Hiscox Ltd reported gross written premiums up 6.3% to $1,256.6 million, with growth in Hiscox London Market, Hiscox Europe and direct and partnerships business more than offsetting planned reductions in the U.S. broker channel. In Hiscox Retail, gross premiums up …

Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox

People Moves: Dietrich Named CEO, Hiscox Europe; Hartford’s Milner to Canopius; Agile Risk’s Foster to IGI; HDI Promotes Digman

This wrap-up of International People Moves details recent appointments at Hiscox, Canopius, IGI and HDI Global. A summary of these new hires follows here. Hiscox Specialist global insurer Hiscox has appointed Robert Dietrich as the new CEO of Hiscox Europe. …

Hiscox Promotes Patel to Head of Direct Commercial in UK

Specialist insurer Hiscox announced the appointment of Isha Patel to head of Direct Commercial within Hiscox UK. Patel joined Hiscox in 2013 and since then her experience has spanned operations, finance and sales with roles in both the Hiscox Retail …

Insurers Face Disputes with Their Reinsurers over UK COVID-19 Business Income Claims

Top insurance companies, ordered by Britain’s highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who should foot the bill, industry sources said. Bars, beauty parlors, …

Hiscox Cites Loss on COVID, BI Dispute ‘Brand Damage’; Will Alter Liability, Cyber Books

British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19 pandemic and also faces “brand damage” from a legal dispute over policy wordings for pandemic-linked claims. Hiscox shares plunged 13% …

Debris Could Threaten Operations in Space – as Well as Earthbound Activities

Hiscox, the specialist insurer, has called for action to tackle the growing problem of manmade space debris and the threat posed to current and future space operations. According to figures from the European Space Agency, there are believed to be …

Hiscox Appoints Flaquet to Newly Created Role of Chief Transformation Officer

Hiscox Ltd., the international specialist insurer, announced the appointment of Stéphane Flaquet, who currently serves as CEO of Hiscox Europe, as its chief transformation officer for the group. In this newly created role, Flaquet will be responsible for overseeing the …

Hiscox Appoints Nolan from Canopius to Lead Cargo Underwriting Team

Hiscox, the specialist global insurer, has appointed Aimee Nolan to head up its London Market cargo underwriting team. As cargo line underwriter, Nolan will be based in Hiscox’s London office, reporting to Mike Southgate, divisional director for Marine, Energy and …

Attune to Offer General, Professional Liability Products Through Hiscox

Attune Insurance Services, LLC has launched general liability and professional liability products with Hiscox serving as the carrier. The Attune and Hiscox partnership adds over 180 new classes and two admitted products to the Attune broker platform. All brokers with …