Hiscox logoCarrier / MGA
4.1
QuoteSweep rating · out of 5

Best for: Professional-services firms whose main exposure is professional liability (E&O)

Pros

  • +Deep professional liability / E&O expertise
  • +Established: part of the publicly listed Hiscox Group, century-plus underwriting
  • +Direct and online — first US insurer to sell BOP that way
  • +Strong fit for consultants, agencies, IT, and other professional firms

Cons

  • Does not write commercial auto — a real coverage gap
  • BOP limited to 43 states + DC
  • Narrower lineup than full-stack multi-line players
  • Best for professional services, not every small business

At a glance

Type
Carrier / MGA
Founded
1901 (US small-business direct: 2010s)
Headquarters
US arm of the Hiscox Group (LSE-listed)
Backing
Division of Hiscox Ltd (LSE-listed); not venture-backed
Coverage lines
Professional Liability / E&O, General Liability, Business Owner's Policy (BOP), Cyber
Availability
US; BOP in 43 states + DC
How to buy
Direct online (real-time BOP quoting)

How it scores

Coverage breadth
3.5
Transparency
4.0
Backing & stability
4.5
Speed & ease
4.0
Specialization
4.5

Hiscox Review 2026: Small-Business & Professional Liability

Hiscox is the small-business insurer to reach for when your biggest risk is being sued for your work, not your premises. Its strength is professional liability (E&O), and it was the first US insurer to sell business owner's coverage directly and online in real time. This is an independent profile from QuoteSweep, which maps the modern commercial insurance landscape for independent agents and business owners. QuoteSweep does not compete with Hiscox.

TL;DR: Hiscox (hiscox.com) is a specialty small-business insurer, part of the listed Hiscox Group, strongest in professional liability (E&O). It also writes general liability, BOP, and cyber, with BOP in 43 states plus DC. It does not write commercial auto. Best for professional-services firms whose core exposure is professional liability.

What Hiscox is

Hiscox is a specialty insurer with century-plus underwriting depth, part of the publicly listed Hiscox Group. In the US small-business market its calling card is professional liability / errors & omissions — the coverage that protects a firm when a client claims its work caused a loss. Hiscox was the first US insurer to sell business owner's coverage direct and online in real time, and also writes general liability and cyber.

Who Hiscox is for

Hiscox fits professional-services firms — consultants, agencies, IT providers, and similar — whose main exposure is professional liability. It's less of a fit if you need commercial auto, which Hiscox does not write.

Coverage lines

What Hiscox reports about itself

From Hiscox's materials and third-party sources:

How Hiscox compares

Frequently Asked Questions

What is Hiscox best known for?

Professional liability (errors & omissions) for small businesses and professional-services firms, sold direct and online.

Does Hiscox write commercial auto?

No. Hiscox does not write commercial auto — a gap worth noting if you need vehicle coverage.

Where is Hiscox BOP available?

Its business owner's policy is available in 43 states plus Washington, D.C.

Is Hiscox a startup?

No. Hiscox is a division of the publicly listed Hiscox Group, with over a century of underwriting history — not a venture-funded insurtech.

Get a quote from Hiscox

If your main exposure is professional liability, Hiscox is the specialty benchmark to compare.

For related explainers, see professional liability / E&O, or compare the field on the small-business insurtech hub.

Sources: Hiscox disclosures, plus PR Newswire and NerdWallet (professional-liability focus, lines, direct/online BOP, 43-state availability, no commercial auto). Hiscox's site was not reachable for first-party verification in this pass. Last verified July 7, 2026.

How we rate

Each company is scored from 1 to 5, in half-point increments, on five dimensions — coverage breadth, transparency, backing and stability, speed and ease, and specialization — where 5 is best-in-class and 3 is solid. The overall rating is the average of the five. Scores are an editorial assessment based on public information from the company and cited third-party sources, not a financial-strength rating, and are independent of any referral relationship. Last verified 2026-07-07.

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