Hiscox

Hiscox Ltd is a global insurance and reinsurance provider based in Pembroke, Bermuda. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. Hiscox specializes in offering a wide range of insurance products, including commercial insurance for small and medium-sized enterprises, property and casualty insurance, and specialty coverage such as terrorism, kidnap and ransom, and marine insurance. The company serves clients through brokers, partnerships, and direct consumer channels, focusing on both entrepreneurs and larger corporations. Hiscox has a strong presence in multiple countries, including the United Kingdom, the United States, and several nations across Europe and Asia, employing over 2,700 staff across 34 offices. Its diversified approach balances catastrophe-exposed businesses with less volatile specialty markets, aiming to meet a broad spectrum of client needs in the insurance sector.

David Astor

Chief Investment Officer

Mary Boyd

CEO, USA

Hamayou Akbar Hussain

Group CEO

Michael Maletsky

Vice President of Technology E&O and Cyber

Kate Markham

CEO, London Market Business

Kylie O'Connor

Group Communications Director

Paul Spelman

Senior Vice President of Underwriting

Past deals in Life Insurance

Pathpoint

Series A in 2021
Pathpoint is a provider of digital insurance wholesale brokerage services for carriers. It provides quoting software for the insurance industry and offers solutions for insurance quoting, binding, policy document management, and more. The company also offers software for insurance distribution, insurance underwriting, and accounting.

Bikmo

Series A in 2020
Bikmo specializes in providing cycle insurance with no excess on replacements, ensuring that cyclists are well-protected. Bikmo initially started as a bike and kit comparison engine before shifting its focus to insurance, leveraging its expertise in the cycling sector. The company is recognized as an award-winning bike insurance provider committed to sustainable practices and protecting both riders and the environments they enjoy.

CoverHound

Series D in 2019
CoverHound is a technology company offering a platform for consumers to shop for car insurance. It allows customers to personal insurance needs, compare accurate rates from top carriers, and buy the right policy at the right price. Dedicated to giving consumers transparent access to the best car insurance rates, CoverHound provides smart recommendations and personalized quotes. With the guarantee of no spam and promise to keep all private information safe, consumers stay in control. CoverHound graduated from AngelPad in spring 2011, and immediately secured seed funding from Blumberg Capital. CoverHound was founded in 2010 and is based in San Francisco, California.

Indio Technologies

Pre Seed Round in 2016
Indio Technologies, Inc. operates a cloud-based software platform designed to streamline the insurance application and renewal process for brokers and their clients. Founded in 2015 and based in San Francisco, California, the company's platform features over 5,000 digitally enhanced insurance forms, a comprehensive e-signature solution, and secure document sharing capabilities. This allows brokers to efficiently manage applications by uploading existing data and transforming it into interactive online workbooks. The platform alerts brokers when clients engage with the application process, thereby improving communication and efficiency. Indio Technologies serves a diverse range of brokers, facilitating the servicing of more than 300,000 business clients. The company aims to enhance workflows, reduce operational redundancies, and ultimately help brokers win more business while saving time and resources. Indio Technologies became a subsidiary of Applied Systems, Inc. in early 2020.

Wrisk

Seed Round in 2016
Wrisk Limited is a London-based company that develops and markets the Wrisk app, a flexible insurance application designed to streamline the management of various insurance needs. Launched in 2015, the app initially focused on contents insurance but has since expanded to cover areas such as motor, travel, health, and professional insurance. It features a unique Wrisk Score, which helps users understand the factors influencing their premiums; this score becomes more accurate as users provide additional information. The app enables customers to manage their insurance policies anytime and anywhere, with immediate effect on any updates made. Wrisk aims to attract both insured individuals and those who have previously avoided insurance, collaborating with partners like BMW, Hiscox, and Bupa to capture existing market share and create new opportunities. The company's approach combines insurance with technology to foster a seamless, mobile-first experience for users.

Bunker

Seed Round in 2016
Bunker is a prominent provider of insurance compliance and verification solutions. The company has developed a digital business insurance platform that enhances contract-related insurance experiences for enterprises, suppliers, and independent contractors. By offering a comprehensive marketplace for contract-related insurance, Bunker identifies small business insurance buyers and delivers tailored policies precisely when needed. The platform integrates Smart Certificate of Insurance (COI) screening and compliance verification, streamlining the insurance process for its users. Through its innovative approach, Bunker aims to improve the overall insurance experience, particularly in the context of contingent staffing models.

LevelFunded Health

Venture Round in 2015
LevelFunded Health, a US-based licensed insurance agency, provides level-funded benefits programs for small businesses. It enables its users to go beyond Affordable Care Act (ACA) and provide their own health benefits. The agency works with health insurance carriers with A- or better ratings to provide comprehensive solutions for its users. It conducts programs that resemble a mixture of traditional small group health plans and self-funded benefits programs. Its health plans include a stop-loss insurance policy that serves as a hedge against claims over the total funded amount monthly. Other advantages of the company include monthly savings of 30% or more, along with a possible year-end refund.

RH Specialist Insurance

Acquisition in 2015
RH Specialist Insurance is a provider of specialized vehicle insurance services, focusing on classic, vintage, and modern cars and motorcycles. Catering to owners and collectors, the company offers insurance brokering services designed to meet the unique needs of its clients. Key features of their offerings include no administration fees and home breakdown assistance, ensuring a seamless experience for policyholders. By prioritizing these specialized services, RH Specialist Insurance aims to deliver tailored insurance solutions that support the unique requirements of vintage and classic car enthusiasts.

Event Assured

Acquisition in 2014
Event Assured is a specialist provider of insurance for the events sector.

DirectAsia.com Thailand

Acquisition in 2014
DirectAsia.com Thailand is a licensed insurance brokerage that specializes in providing car insurance with a focus on offering the best prices for safe drivers. The company is committed to delivering excellent customer service, addressing inquiries, presenting competitive insurance premium rates, and assisting with claims management. By empowering customers to choose their coverage options, DirectAsia.com positions itself as a smarter alternative for purchasing car insurance in Thailand. In addition to car insurance, the company also offers motorcycle, travel, and term life insurance, ensuring a comprehensive range of services for its clients.

Altoha

Acquisition in 2007
Altoha offers livestock insurance and animal mortality insurance services.Altoha, Inc. is based in Geneva, Illinois.

Aon - Kidnap & Ransom Business

Acquisition in 2007
Aon - Kidnap & Ransom Business is a risks from third party intermediaries.

American Live Stock

Acquisition in 2007
Founded in 1952, American Live Stock Insurance Company is the premier live stock insurer in the United States. Insurance is available in all 50 states, and internationally in Australia and South Africa. Animal mortality insurance is its primary business. As a specialty lines carrier, American Live Stock also provides farmowners cover in selected areas. The Company prides itself in being involved in the industries it serves with special emphasis and support of veterinary medicine and education. Through its affiliate agency, Harding & Harding, the Company can proudly trace its history back to its early offices in the Chicago Stock Yards and the involvement of the Company’s founders, Frank Harding and Clint Tomson, in the cattle import/export trade.

Global Flying Insurance Services

Acquisition in 2006
Global Flying Insurance Services is an underwriting agency specialising in loss of licence insurance for aviation pilots.

Ascot Underwriting

Acquisition in 2005
Ascot Underwriting Ltd. is a Lloyd’s of London syndicate and a leading global specialty insurance underwriter. With a reputation for excellence we offer our clients the expertise and security of a large insurer while maintaining a personal approach to their risks.

Insurex Expo-Sure

Acquisition in 2005
Insurex Expo-Sure is a specialist insurance provider to the conference, event and exhibitions market.
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