NEW YORK, July 21, 2015 (GLOBE NEWSWIRE) -- Hiscox, the global specialist insurer, today announced the appointment of Nicole Goodwin as Chief Underwriting Officer (CUO) for its fast-growing business unit, Hiscox USA. She will be based in New York City and replaces Gary Head, who will return to Hiscox's London office to take on the newly-created role of Head of Alternative Distribution for the Hiscox Group.
Goodwin will lead the continued growth and expansion across Hiscox USA's portfolio of specialty risk solutions, including a broad spectrum of professional E &O, GL, cyber & data security, media liability, entertainment production risks, D &O and management liability, crime, kidnap & ransom, terrorism and commercial property products. Hiscox USA primarily specializes in the unique needs of small and middle market businesses with less than $1 billion in annual revenue.
Goodwin first joined Hiscox in 2004 as divisional counsel to the company's pioneering Technology Media & Telecoms Division, where she focused on innovating specialty insurance products and services primarily aimed at Fortune 250 technology and multimedia companies. Since that time she has held various roles within Hiscox, most recently serving as the Head of US Claims where she was responsible for driving the strategic direction and performance of the company's industry leading claims service.
Prior to joining Hiscox, Nicole practiced law in San Francisco focusing on emerging technology, privacy and IP-related risk analysis and counseling for several domestic and Lloyd's of London- based specialty insurers, including Hiscox. She played a key role in developing some of the first insurance products specifically targeting emerging intellectual property, technology and data privacy liability nearly 20 years ago and, since that time, has authored several articles and spoken at conferences around the world on topics relating to emerging executive and professional liability and cyber risks.
Additional information can be found at www.hiscoxbroker.com.
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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. 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.