Our Story Begins With Courage
The courage that leads people to challenge conventional wisdom. To try something new. To explore. To find a better way. The courage that creates infinite possibilities in everyone’s lives.
Hiscox USA is a leading specialist insurance company with origins dating back to 1901.
We are not a traditional insurer. We target specific types of insurance in which we develop expertise, often focusing on areas other insurers find too complex to insure. By challenging convention in each specific market we offer market leading products and services to businesses. We offer general liability, professional liability, and property insurance through brokers and directly online to small businesses.
Hiscox USA is part of the Hiscox Group, which employs over 2,300 people in 13 countries.
Learn More About Our Values
We encourage courage. For our company. For our brokers, for the companies we insure. For ourselves.
Our companies in the US include Hiscox Insurance Company Inc., and its general agent, Hiscox Inc. Hiscox Insurance Company Inc. is a Chicago, IL domiciled insurer admitted or licensed to do business in all 50 states and the District of Columbia. Hiscox Insurance Company Inc. is rated A (Excellent)¹ by A.M. Best with a group financial size category (FSC) of XV ($2 Billion or greater), proving we have strong capital reserves.
Hiscox Inc., a DE corporation that does business in California as Hiscox Insurance Agency, is an approved Lloyd’s cover holder and underwrites surplus lines business on behalf of Lloyd’s Syndicates 33 and 3624. Syndicate 33 is rated A (Excellent)² by A.M. Best. Syndicate 3624 benefits from the overall group rating of Lloyd’s, which is A (Excellent)³ . Lloyd's syndicates are restricted in doing business in the USA and its territories as they are not US-based insurers. The business we write on behalf of Lloyd's Syndicates 33 and 3624 in the US is placed by licensed surplus lines insurance brokers.
As of December 31, 2018, Hiscox Insurance Company Inc. (HICI) had admitted assets of $577,623,458 and policyholders surplus of $178,288,905. Total liabilities were $399,334,553 (inclusive of $138,618,279 of loss reserves), and paid up capital stock was $4,200,000.
¹A.M. Best rating as of March 2, 2018.
²A.M. Best rating as of March 2, 2018.
³A.M. Best rating as of July 20, 2017.