July 13th, 2020: Hiscox announces partnership with Praedicat
Praedicat is thrilled that Hiscox, the specialist global insurer, has licensed our products CoMeta® and Oortfolio®, for use within its London Market casualty business. Craig Knightly, Casualty Division Director at Hiscox London Market, said:
“Praedicat provides Hiscox with the ability to strategically assess our existing portfolio to manage our exposure while also being able to stress test the book against Praedicat’s liability cat scenarios, such as opioids, the COVID-19 pandemic, and PFAS, to name a few. We are always looking to gain more insight into the risks our clients are exposed to and Praedicat will undoubtedly be a valuable additional tool in our day-to-day underwriting.”
It is a privilege to gain the acceptance of Hiscox for casualty risk management, and Praedicat looks forward immensely to this partnership and the innovations to come.
To read the full press release click here.
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