Hiscox Launches Digital Professional Liability Coverage for General and Artisan Contractors

Atlanta, GA – July 23, 2024 – Hiscox, the specialist global insurer, has launched a digital Professional Liability product for contractors, with specialized versions for both general contractors and artisan subcontractors. Unique in the market for its digital availability, customers can obtain a quote online within five minutes.

Professional Liability for General Contractors

This product covers a contractors’ ancillary design and engineering exposure on a jobsite or on a project, such as an error in carrying out an architect’s designs. It also includes coverage for job site contractors pollution liability, FHA/OSHA/ADA regulatory proceedings, and bodily injury and property damage claims arising out of professional services. Even if the insured hasn’t made a mistake, Hiscox will provide an attorney to defend them against a baseless lawsuit for their professional liability.

Professional Liability for Artisan Subcontractors

In addition to the above coverages for general contractors, this product was developed to suit the unique needs and risk profiles of highly specialized contractors, and includes faulty workmanship coverage. Faulty workmanship covers claims alleging faulty or inadequate skill, quality, or craftmanship, or the use of defective materials, in the insured’s work, such as a framer needing to redo their work after not following the approved construction drawings.

“As highly skilled experts, contractors should be able to focus on their craft without storm clouds of potential legal woes hanging over their heads,” said Tyler Peterson, Senior Vice President of Underwriting Management. “Hiscox’s admitted Professional Liability coverage for general and artisan contractors is now available online for the first time, taking the stress out of purchasing great quality coverage. If a mistake is made, or even if it isn’t, Hiscox will handle the professional exposure, leaving contractors with the peace of mind they need to build and shape our homes, cities, and businesses.”

Hiscox USA, provides a variety of admitted or surplus specialty risk solutions, including a broad spectrum of errors & omissions, 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 Contacts

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

Hayley Susino
Hiscox USA
+1 646 452 2365   
[email protected]