Hiscox CyberClear® Offering Expands to 50 States
Florida is the latest and final state to be admitted
Atlanta, GA – October 26, 2021 – Hiscox, the international specialist insurer, today announced its cyber and data risk solution, Hiscox CyberClear®, is now available in Florida. Hiscox CyberClear’s wide range of coverage benefits are now accessible to businesses in all 50 states and the District of Columbia.
“Cyber criminals are developing more sophisticated attacks, and companies of all sizes need to respond to this challenge with proactive measures to protect their businesses,” said Meghan Hannes, Cyber & Tech E&O Product Head for Hiscox USA. “Increasing nationwide access to Hiscox CyberClear provides more businesses with the ability to mitigate the ever increasing risk of a cyber incident or breach.”
The wider availability of Hiscox CyberClear comes at a time when more employees are working from home, and 62% of US businesses believe they are more vulnerable to cyber-attacks, as reported in the Hiscox Cyber Readiness Report 2021. Among its many benefits, Hiscox CyberClear provides businesses with privacy, data breach and network interruption coverages, as well as protection against the costs of responding to a breach, including defending and resolving claims, addressing specified statutory violations, regulatory investigations, and claims of negligence and breach of contract. Hiscox has also partnered with Paladin Cyber, a leading provider of cybersecurity protections and training, to offer policyholders access to Shield, their risk mitigation platform. Shield can identify and neutralize the latest cyber threats, and be fully maintained with no IT support.
Hiscox USA provides a variety of specialty risk solutions, including a broad spectrum of errors & omissions, general liability, cyber and data security, media liability, management liability, crime, and terrorism insurance products.
To learn more about Hiscox CyberClear, visit: https://www.hiscox.com/brokers/cyber
About The Hiscox Group
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle.
The Hiscox Group employs over 3,000 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, we offer a range of specialist insurance for professionals and business customers as well as homeowners. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS. In the US, Hiscox small business Insurance is underwritten by Hiscox Insurance Company Inc., a Chicago-based insurance company.
Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. For more information, visit www.hiscoxgroup.com.
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