Hiscox
News analysis: Industry under pressure as backlash over business interruption continues
Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight
Insurance Covid-Cast - episode six: From panic to practicalities, what will BI insurance look like when the Covid-19 recriminations settle down
In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how the insurance industry let the narrative over business interruption become national…
Covid-19: Hiscox considers equity raise
Provider states it is "evaluating possible sources of capital" to respond to the pandemic.
Covid-19: Hospitality group forms to fight insurers over BI
The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.
Covid-19: Hiscox Action Group gets funding for BI litigation
Harbour Litigation Funding will pay Mishcon de Reya to review the claims business owners have against Hiscox.
Hiscox Action Group appoints big-hitting legal firm to represent members in BI row
The group of companies criticising Hiscox for refusing to pay out BI claims as a result of the coronavirus says it is also in "advanced talks" with a litigation funder to underwrite its entire legal costs as dispute hots up.
Covid-19: Litigation against brokers and insurers set to increase amid BI row
The market has been criticised for its response to the coronavirus crisis, particularly with regard to business interruption as providers "look down the barrel' of class action.
Fresh attack on Hiscox BI stance from night life industry
The Night Time Industries Association has been advised members have a “good case” against Hiscox as barrister warns “insurers will never be forgiven” for response to Covid-19.
Hiscox expects $175m Covid-19 payout
Hiscox, which is currently in dispute with a group of firms over BI, said it is actively settling claims for event cancellation and abandonment, media and entertainment and travel.
Covid-19: Celebrity chef joins firms attacking Hiscox over BI cover
Reports state star chef Raymond Blanc has slammed Hiscox for not paying out after he was forced to close his restaurants and pubs in the wake of the coronavirus outbreak.
Covid-19: Hiscox hits back amid BI dispute
The insurer is facing a potential class action after declining a series of business interruption payments but says it could pay up to $175m and is “proactively paying claims”.
Profit falls at Hiscox as COR reaches 105.7% in 2019
Provider reports growth in GWP, but admits household broker business in the UK has been impacted by “tough pricing action” following an increase in claims.
The Insurance Age Podcast: 31 January 2020
Laurence Eastham and Ida Axling discuss the most popular news stories this week, including changes at Marsh Commercial and Hiscox moving 300 staff out of London.
Hiscox commits to regions and moves 300 staff out of London
Insurer is set to open a new branch in an unidentified location, with staff also set to move to existing offices in York and Colchester. It confirmed no broker-facing roles are affected.
Hiscox adds extensions to technology cover
Provider now covers intellectual property infringement and pre-claims assistance, as well as unlimited business interruption for firms up to £2m.
Getsafe partners with Hiscox for UK launch
German MGA Getsafe, which offers digital contents insurance, was established two years ago.
Former MS Amlin underwriter launches equine MGA
David Ashby Underwriting will service MS Amlin's livestock and bloodstock business as part of the agreement.
BHIB launches new insurance broker
Create Insurance provides cover for freelancers, with GI policies underwritten by Hiscox.
2019 in review: January's top stories
What were the most read articles in the first month of 2019?
InsurTech UK welcomes 17 new members
InsurTech Futures: Addition of Aon and Digital Partners has helped the trade body grow to 86 members.
Quizzical questions: 6 September 2019
Test your knowledge of the week's news with our topical quiz.
Hiscox promotes Joanne Musselle to group CUO
She will succeed Richard Watson, who is retiring from the business.
Brolly CEO reveals new product that counters "absurd" dual pricing practices
InsurTech Futures: Broker launches new contents policy which includes loyalty discounts.
Hiscox UK shrinks amid global growth in interim results
Chairman Robert Childs blames the integration of a new IT system.