Source: Hiscox

Global specialist insurer Hiscox has announced the agreement to acquire a specialist insurtech business focused on addressing the evolving insurance needs of small businesses operating in sectors such as technology start-ups, life sciences and professional services.

This acquisition accelerates Hiscox USA’s roadmap, to expand reach into new specialist customer segments. As a result of the transaction, Hiscox will gain new cutting-edge US broker technology to accelerate the ongoing digitization of Hiscox’s US broker platform.

Mary Boyd, CEO of Hiscox USA, commented: “Welcoming the brilliant Corix team and their valued customers to Hiscox USA is an exciting moment in our journey. Corix shares many of the qualities at the heart of our own business: transforming insurance through practical innovation, empowering courageous entrepreneurs to fulfill their dreams, and building meaningful partnerships with brokers. This acquisition perfectly fits within our strategy, expanding our solutions and distribution, as we capitalize on the structural opportunity to protect America’s entrepreneurs and serve as the preferred partner of their advisors.”

Sam Hodges, CEO and Co-Founder at Vouch, Inc., added: “We’ve always believed in the power of combining technology with deep insurance expertise. Building Corix from the ground up proved that vision, and under Hiscox’s ownership, the team is now positioned to scale even further. For Vouch, this transaction allows us to sharpen our focus as a broker to help our clients manage risk with greater speed, clarity, and confidence.”

Read the full article: https://www.hiscoxgroup.com/news/press-releases/2025/06-08-25-1