SPECIALTY RISKS

Hiscox offers threat protection coverage for smaller companies

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Hiscox Ltd. has launched special protection solutions insurance coverage to address growing domestic exposures and security risks for small and midsize companies.

The policies offer threat assessment and protection with limits ranging from $500,000 to $65 million, with premiums starting at $900 annually, the New York-based specialist insurer said Tuesday in a statement.

“The best way to deal with threats to your organization is by following expert advice from people who have experienced these before,” said Bert Spunberg, senior vice president and practice leader for executive risk at Hiscox, in the statement. “Hiscox clients get the expert advice they need from our exclusive response partner Control Risks to reduce risks and manage potentially dangerous incidents.”

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