What is Hiscox known for?
Hiscox is best known for its focus on specialty insurance products and its long-standing history as an underwriter at the Lloyd’s of London market. The company has carved out a reputation for insuring "niche" risks, such as kidnapping and ransom, satellite damage, and complex cyber liabilities, as well as protecting high-net-worth individuals' fine art and classic car collections. While it maintains a strong corporate brand, it has also faced public scrutiny in the past, most notably regarding its handling of business interruption claims during the COVID-19 pandemic, which led to high-profile legal challenges and some brand damage.
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