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Member, Beacon International Group, Ltd.
Hiscox USA has expanded its Hiscox Pro package of professional liability products to include admitted policies, stand-alone general liability coverage and extended home health care coverage, the insurer announced Tuesday.
Previously limited to surplus lines coverage, Hiscox Pro's technology, privacy and data breach, miscellaneous professional, and general liability classes of coverage, along with media and cyber add-ons, are now available on the admitted market in all 50 U.S. states and the District of Columbia, Hiscox USA, a unit of Hamilton, Bermuda-based Hiscox Ltd., said in a statement.
Limits for both admitted and surplus policies vary up to $10 million, a spokesman for Hiscox USA said.
“We've rebranded all of our professional products suites to Hiscox Pro,” Jim Whetstone, professions practice leader for Hiscox USA, said Tuesday in an interview. “In some areas we improved the product, in some areas we improved the pricing, and in some we improved the process.”
Hiscox USA also added stand-alone general liability coverage for both admitted and surplus markets on occurrence and claims-made forms, the insurer said in the statement.
Additionally, the insurer extended its Hiscox Pro Allied Healthcare product to include automatic additional insured status, third-party property damage coverage, defense outside of the limits and business personal property coverage, according to the statement.
Hiscox Ltd. has added cyber deception coverage to its crime insurance program to help protect against losses incurred by employees tricked into transferring company funds, the insurer said.