Hiscox USA Expands Allied Healthcare Coverage with Pharmacies Solution

NEW YORK, September 13, 2016 – Hiscox, the international specialist insurer, today announced the launch of a new coverage designed specifically for Pharmacies. This new Pharmacies product is designed to address the industry’s growing need for customized insurance coverage and will complement Hiscox’s existing tailored forms in Allied Healthcare, including Ambulance and Medical Transportation, Beauty Salon and Day Spa, and Home Healthcare products.

With 10 years of experience underwriting professional liability insurance for the allied healthcare industry in the U.S., Hiscox has created a set of solutions that are customized for the unique needs of key professions within the sector, including health, beauty and fitness markets. Hiscox offers protection to healthcare businesses with a stand-alone professional liability product or professional liability insurance packaged with general liability, technology, crime, privacy and business personal property coverage.

“Allied Healthcare is a growing industry, driven forward by the number of aging baby boomers, increased life expectancy, technology advances and healthcare reform,” said Alicia Marsiglia, Product Head, Allied Healthcare at Hiscox USA. “Each new bespoke solution we develop will further enhance our ability to help allied healthcare clients protect their businesses while encouraging them to take smart risks and grow their businesses.”

Hiscox USA provides a variety of specialty risk solutions including a broad spectrum of professional E&O, general liability, cyber and data security, media liability, management liability, crime, kidnap & ransom, terrorism and commercial property insurance products. The Hiscox American Courage Index™ is the first survey to track personal and professional courage across the United States.

In the US, Hiscox has offices in New York, NY; Atlanta, GA; Chicago, IL; Dallas, TX; Los Angeles, CA; San Francisco, CA and White Plains, NY.

Additional information can be found at www.hiscoxbroker.com
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Coverage is made available through Hiscox Inc. d/b/a Hiscox Insurance Agency in CA, which is licensed in all states. The products described are underwritten by a Hiscox syndicate at Lloyd’s, London, which is available on a surplus lines basis through licensed surplus lines brokers. This information is not intended to be a solicitation by Lloyd’s for the purchase of insurance on any US risk.

About Hiscox in the U.S.

Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE: HSX). There are three main underwriting parts of the Group - Hiscox London Market, Hiscox UK and Europe and Hiscox International. Hiscox International includes operations in Bermuda, Guernsey and the USA. Hiscox Syndicates Ltd is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The ability of syndicates at Lloyd's to do business in the USA and its territories is restricted as they are not US-based insurers. The publication and delivery of this information are not intended to be a solicitation by Lloyd's for the purchase of insurance on any US risk. Hiscox Underwriting Limited and Hiscox ASM Limited are authorized and regulated by the Financial Conduct Authority.

Hiscox Inc., a Delaware corporation headquartered in New York, d/b/a Hiscox Insurance Agency in CA, is a licensed insurance intermediary for admitted and surplus lines business. Hiscox Inc. underwrites on behalf of, and places business with, Hiscox Insurance Company Inc., other domestic insurers, and syndicates at Lloyd's (www.lloyds.com). Hiscox Insurance Company Inc. is a Chicago, IL domiciled insurer which is admitted or licensed to do business in all 50 states and the District of Columbia.