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Hiscox Appoints Matthew Wilken As CUO

Hiscox Appoints Matthew Wilken As CUO

Specialist global insurer Hiscox has appointed Matthew Wilken to the role of Chief Underwriting Officer for Hiscox Re & ILS. A spokesperson said, “Wilken joins on 10 January 2022 with responsibility for executing the Hiscox Re & ILS underwriting strategy, ensuring the needs of clients and capital partners are successfully met to deliver long-term... Read more of this article

Hiscox Utilizes RMS Location Technology

Hiscox Utilizes RMS Location Technology

Specialist global insurer Hiscox said they are ”working with RMS, the world’s leading catastrophe risk solutions company, to extend and increase its use of groundbreaking RMS Location Intelligence API technology, to improve the customer experience for its coverholders by providing real-time tailored quotes. ” A spokesperson said, “RMS... Read more of this article

AM Best Affirms Credit Ratings Of Hiscox

AM Best Affirms Credit Ratings Of Hiscox

AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a+” [Excellent] of Bermuda-based Hiscox Insurance Company and some of its affiliated companies. At the same time, AM Best has affirmed the Long-Term ICR of “bbb+” [Good] of Hiscox Ltd [Bermuda], the ultimate non-operating holding... Read more of this article

Hiscox Appoints Prabis As Managing Principal

Hiscox Appoints Prabis As Managing Principal

Hiscox Ltd announced the appointment of Vincent Prabis to the role of Managing Principal, Hiscox ILS. A spokesperson said, “Specialist global insurer Hiscox has appointed Vincent Prabis to the role of Managing Principal, Hiscox ILS. His appointment is subject to Department of Immigration and Bermuda Regulatory approval. “In his role as Managing... Read more of this article

Hiscox: Settlement In Business Losses Case

Hiscox: Settlement In Business Losses Case

Hiscox Insurance Company Limited reached a settlement in the matter of the business interruption losses suffered as a result of the lockdown imposed by the UK Government in 2020 in response to the Covid-19 pandemic. A statement from the company said, “Hiscox Insurance Company Limited [Hiscox] and the members of the Hiscox Action Group [HAG] have... Read more of this article

Enstar Reinsures Hiscox Legacy Portfolio

Enstar Reinsures Hiscox Legacy Portfolio

Enstar Group Limited announced that one of its wholly owned subsidiaries has completed a Loss Portfolio Transfer with Hiscox Ltd. A spokesperson said, “Enstar Group Limited announces today that one of its wholly owned subsidiaries has completed a Loss Portfolio Transfer with Hiscox Ltd [Hiscox], pursuant to which Enstar’s Syndicate 2008 has... Read more of this article

Hiscox Group Increase 2020 Estimate By $48M

Hiscox Group Increase 2020 Estimate By $48M

As a result of the UK court judgment as well as further government restrictions in the UK during 2020, Hiscox Group said their total 2020 Covid-19 estimate for business interruption “increased by $48 million net of reinsurance.” This follows after small businesses won the right to insurance payouts after Britain’s highest court ruled many... Read more of this article

AM Best Affirms Credit Ratings Of Hiscox

AM Best Affirms Credit Ratings Of Hiscox

AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a+” of Hiscox Insurance Company [Bermuda] Limited and a number of their related entities. At the same time, AM Best has affirmed the Long-Term ICR of “bbb+” of Hiscox Ltd [Hiscox] [Bermuda], the ultimate non-operating holding company... Read more of this article

Hiscox Appoints Kathleen Reardon As CEO

Hiscox Appoints Kathleen Reardon As CEO

Hiscox Ltd announced the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. A spokesperson said, “Hiscox Ltd, the international specialist insurer, is pleased to announce the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. Kathleen will succeed Mike Krefta,... Read more of this article

Cricket U11 & U14 Youth Leagues To Start

Cricket U11 & U14 Youth Leagues To Start

The Bermuda Cricket Board announced the start of the 2020 BCB U11 and U14 Youth Leagues. “Hiscox will continue to be the title sponsor of the U11 league with games being played on Monday’s and Wednesday’s until September 9 at Warwick Academy Field. Teams include: Warwick Academy, Warwick Workmen’s, Somerset CC and Cleveland CCC,”... Read more of this article

Leadership Change Within Hiscox Re & ILS

Leadership Change Within Hiscox Re & ILS

Hiscox Bermuda today announced that Mike Krefta, who is currently the Hiscox Re & ILS CEO based in Bermuda, will be leaving Hiscox in early 2021. A spokesperson said, “Hiscox, the global specialist insurer, today announces that Mike Krefta has decided to return to the UK in early 2021, having completed almost four years as CEO of Hiscox Re... Read more of this article

Hiscox & Thimble’s Short-Term Liability Insurance

Hiscox & Thimble’s Short-Term Liability Insurance

Hiscox has partnered with Thimble to offer short-term liability insurance, available by the hour, day, or month. A spokesperson said, “Hiscox, a leading small business insurer, has partnered with Thimble, the insurance partner that makes insurance simple to help small businesses succeed on their own terms by offering short-term liability insurance,... Read more of this article

Hiscox Bermuda Relocates To A New Office

Hiscox Bermuda Relocates To A New Office

Hiscox Bermuda office has recently relocated into a refurbished new space in the Chesney House, Waterfront Properties. A spokesperson said, “On Monday 17th February, 2020 Hiscox moved into a stunning new office situated in the heart of the reinsurance business hub in Hamilton. Bronek Masojada Hiscox CEO, Rob Childs Hiscox Chairman, Premier of... Read more of this article