Hashtag: #HiscoxLtd
Hiscox: Too Early To Estimate Sandy Claims
Bermuda-based Hiscox Ltd said that they “have not received any material notifications of claims from our insureds at this stage which makes it too early to produce any meaningful estimate of claims from Sandy.” Bronek Masojada, Chief Executive, commented: “Until Superstorm Sandy hit last week it had been a relatively quiet year for... Read more of this article
Hiscox Launches Solo Strike Liability Insurance
To counter the growing threat of an attack by an individual on healthcare institutions, Hiscox Bermuda has launched the first ever dedicated Solo Strike Liability insurance product for the US healthcare market. In the event of an attack, Hiscox’s Solo Strike Liability, designed specifically for hospitals and larger healthcare facilities, will respond... Read more of this article
Now Open: Hiscox’s 2013 Graduate Scheme
Hiscox’s 2013 graduate scheme is now open to Bermudian [under]graduates interested in applying for trainee roles in either underwriting or analytics and research. As the 2013 scheme opens, the 2012 graduate intake have taken up their roles, with Bermudian Matthew Sinclair joining Hiscox Bermuda as an Operations Trainee. Hiscox’s 2013 graduate scheme... Read more of this article
Hiscox Appoints New Head of Analytics & Research
Dr Michael Palmer has been appointed as Head of Analytics and Research for Hiscox’s Bermuda operation. He will report to Damien Smith, Hiscox Bermuda’s Underwriting Director, and will take responsibility for the analytics team in Bermuda, helping to develop the company’s understanding of all aspects of catastrophe risk. Having originally joined... Read more of this article
Hiscox Appointments: Claims, Underwriting, Risk
Bermuda-based Hiscox Ltd has announced a number of senior appointments; Bob Thaker as Head of UK Claims, Joanne Musselle as Chief Underwriting Officer for Hiscox UK and Ireland, and Penny Shaw as Chief Risk Officer. Bob Thaker will become Head of UK Claims at the end of July and succeeds Joanne Musselle following her promotion to Chief Underwriting... Read more of this article
Hiscox Bermuda 2012 Graduate Programme
Specialist insurer Hiscox has launched its 2012 Bermuda Graduate Programme. Now in its third year, the 2012 graduate scheme offers a two year training programme for Bermudians graduating this summer, or who graduated in 2010 or 2011. The scheme runs on a rotational basis, allowing graduates to work in different areas of the Hiscox business in the UK,... Read more of this article
Hiscox: Small Business Stress Factors
Small businesses, the lifeblood of the US economy, have literally carried the stresses and strains of the world on their backs since the beginning of the recession, according to a new small business survey from Bermuda-based Hiscox, the first and only insurer to enable small businesses to purchase business insurance direct and online in real-time. Three... Read more of this article
Hiscox Appoints Nottingham As Senior VP
Ross Nottingham has been appointed as Senior Vice President Underwriting, for Hiscox’s Bermuda reinsurance business. Reporting to Damien Smith, Hiscox Bermuda’s Underwriting Director, Ross Nottingham joins Hiscox after 12 years as a broker, most latterly for Aon Benfield where he worked in the non-marine retro team from 2005 in London and Bermuda.... Read more of this article
Lloyd’s Slumps To First Loss In Six Years
Lloyd’s of London today [Mar. 28] posted its first pretax loss in six years after being hit by lower investment returns and major catastrophes, in what industry experts call the second-costliest year on record in terms of insured disaster claims. Lloyd’s isn’t publicly traded, though some of its members are listed companies, such as... Read more of this article
Hiscox Sponsoring Perot Stamp Exhibit
Three Perot stamps, named after William B. Perot, Bermuda’s first Postmaster General from 1818 to 1862, and representing some of the rarest and most desirable stamps in the world, are being loaned from the Queen’s private stamp collection to an exhibition in Bermuda from April 19-28. Sponsored by Hamilton-based specialist insurer Hiscox and to... Read more of this article
Hiscox Strengthens UK APC Division
Bermuda-based specialist insurer Hiscox has strengthened its UK Art and Private Client division [APC] with the promotions of Steve Morse to Head of Motor and Matthew Webb to Head of UK Motor Underwriting. In addition, Clare Limond has been appointed to the role of motor underwriter, joining motor underwriter Tom Wilcox to complete the new team. As... Read more of this article
Catastrophes Impact On Hiscox Profits
Hiscox, the Bermuda-based reinsurance group, today [Feb.27] reported a reduction in pre-tax profit for the year ended December 31, leading to a significant fall in earnings per share [EPS]. Profit before tax dropped from £211.4 million to £17.3 million, which the firm said was “a good result considering natural catastrophe losses of £270 million”,... Read more of this article
Hiscox Board Chairman To Step Down
Robert Hiscox, the chairman of Bermuda-based Hiscox Ltd., will step down as chairman in 2013 after 47 years with the firm. Mr Hiscox said, “I have decided to step down as Chairman of the Board while I still feel near the top of my game and have informed my fellow directors that I would like to retire from the board this time next year when I will... Read more of this article
Hiscox Extends US Program To Realtors
The American subsidiary of Bermuda-based insurer Hiscox USA, today [Feb.22] announced their service allowing small businesses to purchase business insurance online has been extended to real estate professionals. For the first time, real estate agents/brokers and property managers can buy customised insurance for the real estate industry direct and... Read more of this article
Hiscox: Business Data Breaches
Bermuda’s Hiscox yesterday [Jan. 25] advised  companies to have resilient plasn in place to deal with data breaches following the announcement of a new proposed European data protection law. Matthew Norris, an e-risk and privacy expert at the Bermuda-headquartered international specialist insurer, said: “The data loss notification aspect... Read more of this article
Hiscox Offers Premium Travel Insurance
Bermuda specialist insurer Hiscox has today [Dec.13] launched a new five-star rated annual travel insurance policy. The new policy is available on the phone or online at the Hiscox website and provides a choice of European travel insurance or worldwide cover for individuals, couples and families. Hiscox travel insurance cover includes: Up to GBP 10... Read more of this article
