Hiscox USA expanded allied healthcare coverage with Pharmacies Solution

Alicia Marsiglia highlighted the growth trajectory of the Allied Healthcare industry

Hiscox, the renowned international specialist insurer, has unveiled new insurance coverage tailored specifically for pharmacies, addressing the industry's increasing demand for customized insurance solutions. This Pharmacies product complements Hiscox's existing suite of tailored forms in Allied Healthcare, which includes ambulance and medical transportation, beauty salons and day spas, and home healthcare products. Drawing from a decade of experience in underwriting professional liability insurance for the allied healthcare sector in the U.S., Hiscox has developed a range of solutions tailored to the unique requirements of various professions within the industry, spanning health, beauty, and fitness markets. Hiscox offers healthcare businesses protection through standalone professional liability products or professional liability insurance bundled with general liability, technology, crime, privacy, and business personal property coverage.

Alicia Marsiglia, Product Head of Allied Healthcare at Hiscox USA, highlighted the growth trajectory of the Allied Healthcare industry, driven by factors such as an aging population, longer life expectancy, technological advancements, and healthcare reform. She emphasized the company's commitment to developing bespoke solutions that empower allied healthcare clients to safeguard their businesses while embracing strategic growth opportunities. Hiscox USA delivers a diverse array of specialty risk solutions encompassing professional E&O, general liability, cyber and data security, media liability, management liability, crime, kidnapping and ransom, terrorism, and commercial property insurance products. Additionally, the Hiscox American Courage IndexTM stands as the pioneering survey tracking personal and professional courage across the United States.