Hiscox Launches New, Improved Portfolio Product
Allied Healthcare, Miscellaneous Professional Liability and Architects &
Engineers Forms Improved
NEW YORK, Feb. 13, 2013 (GLOBE NEWSWIRE) -- Hiscox, the international
specialist insurer, today launched Hiscox Professional Liability Portfolio.
The new product offers 'tailor made' policy forms for certain client segments
within our Allied Healthcare (AHC), Architects & Engineers (A &E) and
Miscellaneous Professional Liability (MPL) products. It also includes common
and simplified policy language across the three products and the ability to
cross sell new coverages, including General Liability, to clients.
"The service professions are a key market for Hiscox and we will continue to
develop products that meet the needs of our brokers and their clients," said
Gary Head, Chief Underwriting Officer, Hiscox USA. "Our research suggests
that clients are increasingly looking for a 'tailor made'policy to meet their
unique needs. Hiscox Professional Liability Portfolio will allow our brokers
to provide exactly that."
Hiscox Professional Liability Portfolio offers Consultants, Trustees and many
other service professionals affordable and specialized insurance coverage for
specific risks stemming from the services they provide. Brokers will now be
able to offer 'tailor-made' coverage to their clients.
Hiscox Professional Liability Portfolio offers:
• Targeted, industry specific policy forms
• Wider base coverage
• Cross selling opportunities
• 'Tailor-made' policy to suit a clients' needs
Additionally, the new Portfolio offers industry specific forms to beauty
salons/day spas, real estate developers and property managers among others.
Industry specific forms benefit clients since the coverage more directly
relates to the risks and exposures they face. Brokers using the improved
Hiscox forms can offer clients General Liability coverage in combination with
customized Professional Liability policies.
For full details of the new policy form please refer to: Hiscox Professional
For further information please contact:
212-279-3115 ext. 141
About Hiscox in the U.S.
Hiscox, the international specialist insurer, is headquartered in Bermuda and
listed on the London Stock Exchange (LSE:HSX). There are three main
underwriting parts of the Group - Hiscox London Market, Hiscox UK and Europe
and Hiscox International. Hiscox International includes operations in Bermuda,
Guernsey and the USA. Hiscox ASM Ltd, Hiscox Underwriting Ltd and Hiscox
Syndicates Ltd are authorized and regulated by the UK Financial Services
Authority. The ability of syndicates at Lloyd's to do business in the USA, and
its territories, is restricted as they are not US-based insurers.
Hiscox Inc., a Delaware corporation headquartered in New York, d/b/a Hiscox
Insurance Agency in CA, is a licensed insurance intermediary for admitted and
surplus lines business. Hiscox Inc. underwrites on behalf of, and places
business with, Hiscox Insurance Company Inc., other domestic insurers, and
syndicates at Lloyd's (www.lloyds.com). Hiscox Insurance Company Inc. (NAIC
Number 10200) is a Chicago, IL domiciled insurer, which is admitted or
licensed to do business in all 50 states and the District of Columbia.
Inquiries as to insurance or other products or services should be directed to
an insurance agent or broker licensed to conduct business in the relevant US
state. For further information about an insurer's ability to do business in
the USA and US territories please contact a licensed agent or broker for
This communication provides general information on Hiscox's products and
services only and is not intended to be, and does not constitute, a
solicitation of business by syndicates at Lloyd's from or in respect of the
USA or US territories. Coverages are subject to underwriting and may not be
available in all states. The information contained herein is not a part of an
insurance policy, and may not be used to modify any insurance policy that
might be issued. In the event the actual policy forms are inconsistent with
any information provided herein, the language of the policy forms shall
CONTACT: Steven Bodakowski
212-279-3115 ext. 141
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