Hiscox
Market Moves: Ecclesiastical, Hiscox and Mitsui Sumitomo lead the way in busy week for insurers
This week saw a host of major insurers complete hires in business areas ranging from sales to claims. Among the firms leading the recruitment race were Hiscox, Ecclesiastical and Mitsui Sumitomo. Elsewhere, while the broking sector registered little of…
Affinity Partnerships: Finding the perfect fit
To achieve success in the affinity market, insurers must be careful to foster mutually beneficial relationships with the right partners and ensure they select relevant products
Hiscox names property head as new London unit CUO
Hiscox has restructured its London operations, separating the insurance and reinsurance lines in a bid to foster growth.
Hiscox names UK tech boss as head of intermediary sales
Hiscox has added to its schemes and partnerships team, naming its UK and Ireland head of technology, media and telecoms as head of intermediary sales and distribution.
Post Intelligence - company profile: Hiscox
Produced by Post Intelligence in association with Brook Intelligence, this comprehensive company report highlights Hiscox’s strategy and performance in 2012.
Increased shareholder scrutiny puts spotlight on insurance CEO pay
Insurers are more cautious and keen to be transparent over executive remuneration after last year’s ‘shareholder spring’, according to analysts, with recommendations for boss’s pay packets swelling in the past 12 months.
Law firms urged to go global to secure place on London market insurer panels
Law firms must improve their international focus if they are to earn a position on London market insurers’ panels, as claims bosses plan reviews of their legal partners.
Loss adjusting: Keep it in the family
The role of the loss adjuster is changing, with insurers increasingly adopting an internal claims handling approach. But it is by no means the end of the specialist panel.
Cega signs quartet of Q1 partnership deals
Medical assistance provider Cega inked deals with four new clients, including Aviva, in the first three months of 2013.
Hiscox Bermuda adds to American catastrophe team
Hiscox Bermuda has expanded its American catastrophe team with the addition of Bill Lazzaro.
Robert Hiscox awarded Lloyd’s Gold Medal
Former Hiscox chairman Robert Hiscox has been honoured by Lloyd’s for services to the London market.
Hiscox launches counter-terrorism team
Specialist insurer Hiscox has launched a dedicated counter terrorism team in response to rising security fears globally.
Hiscox launches counter terrorism team
Hiscox has launched a dedicated counter terrorism team after making several new appointments to its terrorism underwriting team.
View from the Top: Time is running out
With agreement on the future of flood insurance still out of reach, the government must pick up the pace, says Bronek Masojada.
High Net Worth: Rich Pickings
With an increase in providers of high net worth insurance in recent years, wealthy customers have plenty to choose from. What can firms do to stand out from the crowd?
UK credit rating downgrade could be blessing in disguise for insurers
The loss of the UK’s AAA rating with credit rating agency Moody’s is unlikely to impact the standing of UK insurers, according to industry sources.
Hiscox: UK downgrade could benefit shareholders
Hiscox chief executive Bronek Masojada has refused to panic over the loss of Moody’s AAA rating for the UK, saying the move may benefit shareholders.
Hiscox profit soars to £217m
Hiscox has reported a pre-tax profit of £217.1m for the full-year 2012, dwarfing the 2011 result of £17.3m, and improving its group combined ratio by 14 percentage points to 85.5%. Gross written premium increased to £1.57bn (2011: £1.45bn).
Hiscox launches private client offering
Hiscox has launched a new private client agency, which will operate as a wholly-owned tied agency offering the insurer’s products.
Brokers bemoan electronic claims systems as service satisfaction declines
Brokers have blamed an over-reliance on electronic systems for a decline in London market insurers’ claims standards.
Hiscox backs mosque and Islamic school scheme
Niche mosque scheme Faithsure, which is underwritten by Hiscox, has started providing wholesale access through brokers.
Sterling renews DAS legal expenses partnership
Sterling Insurance has renewed a deal with legal expenses provider DAS to provide legal expenses cover to its customers.
In Series: Outsourcing - Quality control
How can insurers ensure their brand identity and customer service expectations are maintained by outsourced providers?
Marketing and advertising: Small screen, big rewards?
Television advertising has become a major marketing tool for many in the industry, but how do firms get it right, and can those with smaller budgets compete?