Hiscox appoints Kate Rarick as VP, BOP Practice Leader in the US

Atlanta, GA – March 31, 2025 – Hiscox, the specialist global insurer, has announced the appointment of Kate Rarick to Vice President, BOP Practice Leader. Rarick joins Hiscox from Nationwide, and will report to Paul Spelman, SVP of Underwriting Management.

Rarick will lead Hiscox USA’s Business Owner's Policy (BOP) practice. With over 15 years of underwriting experience, most recently serving as Nationwide’s Associate Vice President of Small Commercial Underwriting, Rarick has a proven track record of leading insurance professionals and contributing to product and portfolio management strategies. Prior to her last role, Rarick worked as a Claims Specialist, before progressing to Commercial Underwriter, and then Director of Commercial Underwriting at Nationwide. Rarick studied at the University of Iowa, focusing on marketing and risk management insurance.

“Business owners deserve nothing but the best when it comes to their insurance. Choosing an insurer who understands small business, and understands their business, can spell the difference between peace of mind or unnecessary stress,” said Paul Spelman, SVP of Underwriting Management. “Kate possesses a deep understanding of the business insurance market, and the motivations and concerns of business owners. In addition, Kate is an inspirational leader and will be a highly collaborative teammate for the wider team here in the US, not to mention a wealth of knowledge for our partners. We’re delighted to welcome Kate to the team.”

Hiscox USA provides a variety of admitted or specialty risk solutions, including a broad spectrum of professional liability, general liability, cyber and data security, media liability, management liability, crime, entertainment, and terrorism insurance products.

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About The Hiscox Group

Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle.

The Hiscox Group employs over 3,000 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, we offer a range of specialist insurance for professionals and business customers as well as homeowners. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS. In the US, Hiscox small business Insurance is underwritten either by Hiscox Insurance Company Inc., a Chicago-based insurance company, or a Hiscox Syndicate at Lloyd’s, London, which is available on a surplus lines basis through licensed surplus lines brokers.

Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. For more information, visit www.hiscoxgroup.com.

Media Contact

Lucy Baines
Hiscox USA
+1 646 560 9399
[email protected]