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Hiscox | November 27, 2019
Specialist insurer Hiscox is supporting sharing economy insurance provider Pikl. The two have partnered to develop an insurance scheme, the first policies of which will cater to those who let out their properties on a short-term basis. The host insurance product leverages the expertise of the Hiscox schemes team. “We’re very excited to enter this partnership with Hiscox,” commented Pikl chief executive Louise Birritteri, whose camp aims to roll out further offerings that target...
Hiscox | November 23, 2018
Hiscox has named a new claims director, ahead of Jeremy Pinchin’s retirement at the end of February 2019. Grace Hanson, who qualified as a US lawyer in 1987 and reached partnership in private practice before moving into insurance in 2001, is joining Hiscox in January. She brings experience from the likes of AIG and Homesite....
Hiscox | March 16, 2018
Global insurer Hiscox has announced the launch of a new cyber industry loss warranty (ILW). The new product responds to an aggregation of cyber losses throughout the year and helps address the uncertainty around cyber tail risk for reinsurers, according to the firm. This allows the ILW to act as a hedging mechanism for cyber underwriters. ILWs are common within the property reinsurance and retro markets, but, according to Hiscox, this is the first that responds specifically to cyber losses....
Insurance Business Magazine | January 16, 2020
Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...
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