May 19, 2013 11:31 AM ET

Insurance

Company Overview of Hiscox, Inc.

Company Overview

Hiscox, Inc. operates as an insurance intermediary for admitted and surplus line business in the United States. It writes a mix of commercial and personal insurance products in the areas of property, marine, non-marine, contingency, aerospace, hacker, and reinsurance, as well as terrorism, inland marine, and construction property insurance. The company also underwrites specialty professional liability insurance in the business classes of admitted errors and omissions, allied healthcare, architects and engineers, media, miscellaneous errors and omissions, non-profit directors and officers, privacy and security coverage, public officials, and technology, as well as provides occurrence general ...

Detailed Description

711 Westchester Avenue

Suite 402

White Plains, NY 10604

United States

Founded in 2005

Phone:

914-273-7400

Fax:

914-273-4716

www.hiscoxusa.com

Key Executives for Hiscox, Inc.

Chief Executive Officer and Director
Chief Financial Officer and Director
Senior Vice President
Senior Vice President
Executive Vice President
Compensation as of Fiscal Year 2012.

Hiscox, Inc. Key Developments

Hiscox USA Announces Interim Management Statement Results for the First Three Months Ended March 31, 2013

Hiscox USA announced interim management statement results for the first three months ended March 31, 2013. The company continues to grow apace with gross premium income up by 34.5% to $64.3 million against $47.8 million a year ago. Expanding sales force and improving market conditions in many of its casualty lines led to good growth.

Hiscox, Inc. Introduces Direct, Online Insurance for Architects, Engineers and Design Professionals

Hiscox, Inc. introduced liability insurance policies for architects, engineers and other design professionals. The company's coverage for these professions is currently available in 38 states and the District of Columbia. The company's expanded professional liability insurance and general liability insurance offerings are now available to licensed architects, licensed engineers (including civil, electrical, and environmental engineers), interior designers, landscape architects, draftsmen and control systems integrators. For the first time, self-employed professionals in the architecture and engineering industries can directly buy insurance tailored to the specific risks of their professions and help protect themselves against potential claims and lawsuits, even if they are unwarranted.

Hiscox, Inc. Announces Unaudited Revenue Results for the Full Year Ended December 31, 2012

Hiscox, Inc. announced unaudited revenue results for the full year ended December 31, 2012. For the year, the company’s revenues grew by 32.6% to reach $230.5 million compared to $173.8 million reported a year ago, with strong growth across every office and in every product. The business was performing well ahead of plan at the bottom line until Superstorm Sandy.

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