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Insurance Company Profile: Hiscox

Insurance Company Profile: Hiscox

Summary

Headquartered in Bermuda, Hiscox is an international specialist insurance group aimed predominantly at wealthy clients. Hiscox offers personal, commercial, and reinsurance products through three main underwriting divisions: Hiscox Retail, Hiscox London Market, and Hiscox Re. It employs over 2,700 people in 32 offices across 14 countries.

This profile offers a review of Hiscox, including its business structure and strategy, its financial performance, and its marketing and distribution activities, before concluding with a SWOT analysis.

Key Questions Answered

- What are Hiscox's brands?
- What are the group's strengths and weaknesses?
- What opportunities and challenges will it face going forward?

Scope

- Hiscox's strategy is centered on maintaining a balance between big-ticket wholesale exposures and smaller, less volatile retail risks, as well as boosting diversity in products, distribution, and geography for diversified growth less susceptible to volatile market conditions.
- In 2017, Hiscox introduced various new products that showcase its ambition to offer innovative forms of insurance cover.
- Hiscox reported a 6.1% increase in revenues in 2017.

Reasons to buy

- Learn about Hiscox's organizational structure and its core business segments.
- Gain insight into its underwriting and distribution strategy
- Understand the group's advertising strategy.
Single User License: Report will be emailed in PDF format and can be accessed by a specific user. This License type allows the report to be Printed.
Site License: Report will be emailed in PDF and  allows only employees within the same geographical location within the organization to access it. This License type allows the report to be Printed.
Global Site License: Report will be emailed in PDF format and allows all employees within the organization to access it.  This License type allows the report to be Printed.
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Insurance Company Profile: Hiscox
Published By :GlobalData
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