Hiscox vs 
Mylo: How Do They Compare for Workers’ Compensation Insurance?
Hiscox offers workers' comp only with its general liability policy; Mylo, a broker, compares quotes from several carriers and flags four states that require a state fund.
Mylo names Ohio, North Dakota, Washington and Wyoming as monopolistic states requiring a state fund for workers' compensation. Hiscox requires a buyer to already hold or concurrently buy Hiscox general liability before it will quote the line. 3,1
What Are the Key Differences Between Hiscox and Mylo Workers’ Compensation Insurance?
Access Condition vs. State Routing
Hiscox's page documents an access prerequisite specific to Hiscox itself: a buyer must already hold, or concurrently buy, a Hiscox general-liability policy before workers' compensation is offered, and it isn't available for every class. 1
Mylo instead documents a state-level routing condition that applies regardless of which broker a buyer uses: four named states require purchasing from a state fund rather than any private insurer. 3
Who Underwrites the Policy
Hiscox names Hartford Fire Insurance Company as the underwriter. Mylo's page does not name a specific private insurer, noting only that four states require a state fund instead. 1 3
Coverage Description
Mylo explains the no-fault, exclusive-remedy legal structure behind the coverage in detail. Hiscox's page describes the product only in general terms as statutory workers' compensation through its Hartford partnership, without explaining that legal mechanism. 3 1
What Should You Confirm in Hiscox and Mylo Workers’ Compensation Insurance Quotes?
- Confirm whether you need to buy or already hold Hiscox general liability before it will quote workers' compensation. 1
- Ask Mylo whether your state is one of the four monopolistic states it names. 3
- Ask whether Hiscox's product is available for your business class, since the page says it isn't available for all classes. 1
- Ask Mylo which carriers it compared to arrive at your quote, since rates and fees can vary by carrier for the same classification. 3
Hiscox vs Mylo Workers’ Compensation Insurance Compared
Hiscox vs Mylo: Workers’ Compensation Insurance: documented features by provider
| Criteria | Hiscox Workers Compensation Insurance | Mylo Workers' Compensation Insurance |
|---|---|---|
| Who It’s For | 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. 1Company-reported. Company-stated prerequisite and class limitation; specific excluded classes are not listed on the page. | Mylo says almost all states require workers' compensation for employers with employees, that Texas has exceptions, and that employee-count and employment-status requirements vary by state. 3Company-reported. Workers' comp product page. Mylo says Ohio, North Dakota, Washington and Wyoming require employers to buy workers' compensation from a state fund rather than a private insurer, and that its agents can direct buyers in those states accordingly. 3Company-reported. Workers' comp product page "Your state makes a difference" section. |
| Coverage Features | 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. 1Company-reported. Company-stated partnership product; specific policy wording and state benefit levels are set by Hartford's issued policy and applicable state law. | Mylo describes workers' comp as a no-fault system covering workplace accidents, repetitive injuries and occupational illness, paying medical treatment, lost wages and retraining costs, and serving as the exclusive remedy that generally shields the employer from employee lawsuits over those injuries. 3Company-reported. Workers' comp product page; the issued policy and its exclusions control. |
| Role in This Line | 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. 1Company-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. | Mylo brokers workers' compensation insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. 3Company-reported. Workers' comp product page. |
