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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 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
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
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 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 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
Hiscox Launches New FloodPlus AR App
Hiscox, the specialist global insurer, has developed a new app – FloodPlus AR – that uses Augmented Reality [AR] to “illustrate the growing flood threat to coastal towns and cities from rising sea levels.” The new app allows people to see how predicted sea level rises could affect Greenville, a suburb of Jersey City in the US, using... Read more of this article
Hiscox & ILS Employees In U.S. Charity Relay
A team of nine employees from Hiscox Re and ILS from London and Bermuda recently covered 200 miles in 24 hours as participants in New Hampshire’s Ragnar Reach the Beach Relay in support of Action on Alzheimer’s & Dementia Bermuda [AAD], raising more than $7,000. A spokesperson said, “The employees also held an in-house raffle across the... Read more of this article
Cricket Skills & Drills & 11&U All Star Game
The Bermuda Cricket Board [BCB] and Hiscox, the specialist insurer, jointly announce plans for the Annual Hiscox Skills & Drills Youth Development Festival A spokesperson said, “The Festival is designed to celebrate community based 11&Under cricket in a fun but challenging environment. “Each player will be able to test and showcase... Read more of this article
Hiscox: Protection For ‘Business Integrity Risks’
Hiscox, the specialist global insurer, has launched a newly enhanced version of its Security Incident Response [SIR] product, to provide additional protection for ‘business integrity risks’ including corruption and fraud. The new SIR policy also includes cover for expenses incurred by a business when dealing with an insured event. SIR – originally... Read more of this article
Hiscox 11&U Celebrity Cricket Festival On June 9
The Bermuda Cricket Board [BCB] and Hiscox today [June 5] announced that the 10th annual Hiscox 11&U Celebrity Cricket Festival will be held on June 9 at the National Sports Centre, North Field. A spokesperson said, “The Festival is designed to celebrate community based 11&Under cricket and to raise money for the BCB youth programs. This... Read more of this article
Hiscox Estimate $150M Claims From Hurricane
Hiscox Ltd has undertaken a first estimate of the impact of Hurricane Harvey, saying they estimate net claims of approximately $150 million. “Based on an insured market loss of US$25 billion [excluding the government backed National Flood Insurance Program], Hiscox estimates net claims of approximately US$150 million. This is within the Group’s... Read more of this article
