Chubb vs 
Hiscox: How Do They Compare for Workers’ Compensation Insurance?
Chubb underwrites workers' comp itself for small businesses; Hiscox acts as an access point to a partner insurer, with Hartford Fire named as underwriter, and requires you to hold or buy its general liability policy too.
Chubb sells workers’ comp directly to small businesses up to $30 million in revenue; Hiscox requires buyers to hold or buy its general liability first. 1,3
What Are the Key Differences Between Chubb and Hiscox Workers’ Compensation Insurance?
Two Different Underwriters
Chubb underwrites workers' compensation directly for small businesses, the same way it underwrites its other own-catalogue lines. 1
Hiscox's workers'-compensation page footer names Hartford Fire Insurance Company, at One Hartford Plaza, Hartford, CT, as the underwriter, with coverage made available through Hiscox Inc. doing business as Hiscox Insurance Agency in California. 3Company-reported. Company-published footer disclosure; this is a different insurer from the Hiscox Insurance Company Inc. entity that underwrites Hiscox's own-catalogue products.
That is a different underwriting arrangement than Hiscox's own-catalogue general liability, professional liability, cyber and BOP products, which its affiliated insurer underwrites directly. 3
Choose Chubb if you need workers’ comp without a general-liability bundle; choose Hiscox if you already need its GL and your class qualifies. 3
A Prerequisite That Chubb Does Not Have
Chubb's small-business policy is available on its own, requiring only that the business fall within its published eligibility range of one employee up to $30 million in revenue. 1
Hiscox requires the buyer to already hold, or concurrently purchase, a Hiscox general liability policy before it will provide access to workers' compensation, and says the product is not available for all classes of business. 3
What Each Page Documents About the Policy
Chubb's page lists coverage details specific to its own policy: medical expenses, lost wages, a waiver of subrogation option, and various employer liability limits. 1
Hiscox's page describes the partner product only in general terms as statutory workers' compensation coverage through the Hartford arrangement, without adding coverage enhancements beyond what a standard Hartford-issued policy would include. 3
What Should You Confirm in Chubb and Hiscox Workers’ Compensation Insurance Quotes?
- Ask Hiscox to confirm Hartford Fire Insurance is the entity that would issue the policy, and get the policy documents directly from that insurer. 3
- Confirm whether the business already needs, or would need to add, a Hiscox general liability policy to access workers' compensation. 3
- Ask Hiscox which classes of business the workers' compensation partner product excludes. 3
- Ask Chubb for the specific employer liability limit, since its page describes the option without a dollar figure. 1
- Confirm the business's revenue and class fall inside Chubb's published eligibility range before applying directly. 1
Chubb vs Hiscox Workers’ Compensation Insurance Compared
Chubb vs Hiscox: Workers’ Compensation Insurance: documented features by provider
| Criteria | Chubb Small Business Workers' Compensation Insurance | Hiscox Workers Compensation Insurance |
|---|---|---|
| Who It’s For | Chubb says this policy covers small businesses with as little as one employee up to $30 million in revenue, across a wide range of classes including technology. 1,2Company-reported. Coverage-highlights list on the small-business workers' compensation page. | Hiscox says workers' compensation access requires the buyer to already hold, or concurrently purchase, a Hiscox general-liability policy, and that the product is not available for all classes of business. 3Company-reported. Company-stated prerequisite and class limitation; specific excluded classes are not listed on the page. |
| How to Apply | You can request a quote online, or an appointed independent agent or broker can apply for a Chubb Appointment to place the policy. 1Company-reported. Small-business workers' compensation page quote call-to-action for business owners and for agents and brokers. | Hiscox lists workers' compensation among the products selectable from its small-business quote flow, routing eligible buyers who also carry (or are buying) general liability toward the Hartford-underwritten product. 4,3Company-reported. Company-described product-selector listing; eligibility and binding conditions require confirmation on the actual application. |
| Coverage Features | Chubb lists coverage for medical expenses and lost wages, a waiver of subrogation option, various employer liability limits, and occasional international travel coverage available through a foreign package policy. 1Company-reported. Coverage-highlights list; specific options depend on the issued policy. | The workers'-compensation page describes the product in general terms as statutory workers' compensation coverage through the Hartford partnership; it does not add Hiscox-specific coverage enhancements beyond what a standard Hartford workers'-compensation policy would include. 3Company-reported. Company-stated partnership product; specific policy wording and state benefit levels are set by Hartford's issued policy and applicable state law. |
| Role in This Line | Chubb underwrites workers' compensation insurance directly for small businesses, crafted to pair with a Chubb BOP for combined policy and claims service. 1Company-reported. Workers' Compensation for Small Business product page. | For workers' compensation, Hiscox Inc. acts as an access point to a partner insurer rather than underwriting the coverage itself, and requires the buyer to also hold a Hiscox general-liability policy before it will provide access to workers' compensation. 3Company-reported. Company-stated partnership structure; this differs from Hiscox's own-catalogue general liability, professional liability, cyber and BOP products, which are underwritten by its own affiliated insurer. |
