Comparing Hiscox D&O insurance for your business? Here’s an honest look at how RMO BizD&O stacks up against Hiscox — on coverage scope, member benefits, and the established-carrier question.
How RMO BizD&O and Hiscox compare on coverage, channels, and member benefits.
| Feature | RMO BizD&O | Hiscox |
|---|---|---|
| Channel | Direct through RMO BizMembership | Direct online + broker channel |
| Plan Tiers | BizD&O I, II, III, IV | Quote-by-quote underwriting; not fixed tiers |
| Coverage Limits | Up to $10M (BizD&O IV) | Typically $1M–$10M for SMB; specialty placements available |
| Side A (Personal Asset Protection) | Included from BizD&O I | Included |
| Side B (Company Reimbursement) | Included from BizD&O II | Included |
| Side C (Entity Coverage / Securities) | Included from BizD&O III | Available where applicable |
| EPL Included | From BizD&O II | Sold separately as EPLI policy |
| Fiduciary Liability | Add-on from BizD&O II | Available as endorsement or separate policy |
| Pre-IPO / M&A Transaction Coverage | Included at BizD&O IV | Available with specialty placement |
| Defense Cost Coverage | Included from BizD&O I | Included |
| Crisis Management Fund | Included from BizD&O III | Available with broader programs |
| Bundle with Other Commercial Lines | RMO bundles BizD&O within BizMembership ecosystem | Strong — Hiscox cross-sells D&O with PL, GL, BOP, cyber, etc. |
| Established Insurance Carrier | Backed by RMO Insurance | Yes — Hiscox is a long-established global commercial insurer |
| Quoting Speed | Through BizMembership process | Online quote for simple risks; broker for complex |
| Member Pricing on Other Products | Yes — banking, treasury, business protection, more | Not applicable |
| Membership Required | Yes — RMO BizMembership (I/II/III by tier) | No membership needed |
Coverage details summarized for comparison. Specific covered events, sublimits, exclusions, retentions, and pricing vary by underwriting and quote.
Coverage scope expands across BizD&O tiers from personal asset protection up to full Side A/B/C coverage with $10M limits.
Requires BizMembership I
Requires BizMembership I
Requires BizMembership II
Requires BizMembership III
Prices reflect current monthly rate cards and do not include the cost of BizMembership. Final premium may be adjusted based on your business profile, industry, and exposure.
Both providers cover real ground. They suit different SMB needs.
Join RMO BizMembership to access BizD&O and other business member benefits. Higher BizD&O tiers require BizMembership II or III.
Pick the tier that matches your coverage scope, and request a quote based on your industry, revenue, and exposure.
Once your BizD&O policy is bound with an effective date, contact Hiscox or your broker to cancel for that date. They typically issue a prorated refund.
Hiscox is an established commercial insurer that offers D&O alongside professional liability, general liability, business owner’s policy (BOP), and other small-business products. They sell direct online and through brokers. RMO BizD&O is a tier-based D&O product that bundles with broader RMO BizMembership benefits.
RMO BizD&O IV provides up to $10M in limits — sufficient for most SMBs. Hiscox typically writes D&O for small-to-mid-market businesses with similar limit ranges, depending on the company’s profile. Both providers’ actual offered limits depend on underwriting.
Yes. Hiscox bundles D&O with their other commercial lines (professional liability, general liability, BOP). RMO bundles BizD&O across the full BizMembership ecosystem — including BizCyber, BizProperty, business banking, and treasury services.
Hiscox offers online quoting for many small-business products, with broker support for more complex risks. RMO BizD&O is available directly through BizMembership; the higher tiers (III and IV) require BizMembership II or III respectively.
Hiscox sells EPLI as a separate policy. RMO BizD&O II ($85/mo) includes employment practices liability — for SMBs that need both, the RMO bundle can be more efficient than buying separate Hiscox policies.
You can — many SMBs run multiple carriers. If you want everything under one ecosystem, RMO covers BizD&O, BizCyber, BizProperty, and other business protection products. If your professional liability or BOP is uniquely fitted at Hiscox, keeping that there is reasonable while moving D&O.
Become an RMO Business Member and access BizD&O along with banking, treasury, and the rest of your member benefits.
