Lloyd’s has launched a new multi-million-pound space insurance policy for the emerging private spaceflight industry. The product is designed to cater to the distinct needs of a rapidly growing new space sector, which, according to Lloyd’s, could be the driving …
Thieves have carried out a heist at Dresden’s Green Vault, one of the world’s oldest museum containing priceless treasures and jewels, German officials said Monday. The treasury of Augustus the Strong of Saxony was established in 1723 and today contains …
By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is set to …
Hiscox has named Landon O’Hara Southwest regional executive in the US. O’Hara will be based in Los Angeles an oversee the Southwest region underwriting team at Hiscox. O’Hara will serve as a member of the field leadership team and will …
Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS. Andrew Dolphin has been appointed director of Underwriting – London, replacing Megan McConnell who is relocating to Manhattan to take on the role of chief underwriting officer …
Specialist insurer Hiscox has developed a new security product designed to help protect shipping targeted by nation states. Called “Malicious Vessel Seizure,” the will respond to a single peril of a ship taken by a foreign government, providing loss of …
Specialist insurer Hiscox has promoted Andrew Hughes to the role of managing principal, Hiscox ILS. His appointment is subject to Department of Immigration and Bermuda Regulatory approval. Hughes has been with Hiscox ILS in Bermuda since 2015, working as general …
A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwriters …
Hiscox has enhanced 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. …
The international specialist insurer, Hiscox, has appointed Andrew Wood as Midwest regional executive for the U.S., based in Chicago. With nearly 25 years of industry experience, Wood will be responsible for leading the growth and performance of the Midwest underwriting …
