Specialty insurance provider Hiscox USA announced the launch today of Hiscox Global Markets in the United States. The New York-based operation is part of Hiscox in Bermuda.
The Global Markets area at Hiscox underwrites internationally traded business via the Lloyd's insurance market and specialist retail business worldwide.
Neil Bolton, president, Hiscox Global Markets in the United States, said, "The U.S. already delivers over 40 percent of the premium income for the Hiscox Group mainly through our Lloyd's business. The launch of Hiscox Global Markets in the U.S. underpins our desire to expand our footprint in the U.S. market."
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