Hiscox USA Introduces Direct, Online Insurance for the Real Estate Sector

NEW YORK, Feb. 22, 2012 /PRNewswire/ -- Hiscox USA, the first and only US insurer to enable small businesses to purchase business insurance direct and online in real-time, today announced that their service is now available to real estate professionals. For the first time, real estate agents/brokers and property managers can buy customized insurance for the real estate industry direct and online in real time to protect themselves against ruinous claims and lawsuits, even if they are frivolous.

Hiscox's professional liability insurance allows real estate professionals to protect themselves against common risks, including claims alleging negligence, personal injury, tenant discrimination and more. With home prices at all-time lows and claims related to real estate transactions increasing (Ames & Gough, 2011), independent real estate agents and others in the industry need to ensure their businesses are covered for these risks.

"Hiscox understands the risks small business owners face, and we are excited to offer real estate professionals and property managers affordable insurance that covers their specific risks," said Kevin Kerridge, Head of US Direct, Hiscox USA. "The continued expansion of Hiscox's offering provides small businesses with affordable, direct coverage that protects them from common risks."

Hiscox  specializes in small business insurance coverage such as professional liability insurance (errors and omissions insurance) customized for a range of knowledge-based professions including IT, management consulting, business consulting and marketing. Hiscox offers professional liability insurance quotes direct and online in real-time along with other liability insurance products such as general liability insurance and business owners policies. Since launching their ground-breaking online service in 2010, Hiscox has received an average customer service rating of 4.8 out of 5.

To learn more about Hiscox Small Business Insurance, visit http://www.hiscoxusa.com/small-business-insurance/ or speak with a Hiscox licensed advisor at (888) 202-3007 (Monday through Friday, 8:00 AM – 10:00 PM EST).

Read more news from Hiscox Small Business Insurance.

About Hiscox Small Business Insurance

Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE: HSX). Hiscox is the first company in the U.S. to offer insurance for professional services businesses with 10 employees or less direct, online, and in real-time. We provide professional liability, general liability and business owner's insurance, underwritten by Chicago-based Hiscox Insurance Company Inc., which is rated 'A' (Excellent) by A.M. Best Company. Additional information can be found on the Why Choose Hiscox? page.  Coverages are subject to underwriting and may not be available in all states.

Hiscox also provides professional liability, property and specialty insurance to US businesses through US-based brokers. This communication does not constitute a solicitation of business by Hiscox's syndicates at Lloyd's, London.

SOURCE Hiscox USA