Parametrix Insurance Services LLC on Tuesday said it had named former Hiscox USA executive Rick Wong as head of insurance.
Mr. Wong, who is based in San Francisco, will focus on broker relations and development of the broker channel, the statement said Tuesday.
He was most recently Northwest regional executive for Hiscox, and before that was head of U.S. broker relations.
Mr. Wong is based in New York and San Francisco and reports to CEO Yonatan Hatzor.
Parametrix offers cloud downtime insurance policies for enterprises exposed to financial risk from cloud outages.
Socius Insurance Services Inc. has launched cloud downtime coverage in the wholesale market in partnership with Parametrix Insurance Services LLC.