Hiscox is expecting to increase its directors' and officers' (D&O) business by 400% in 2003.
A Hiscox spokesman said: "The D&O market is currently very constricted and we will write around five times as much D&O cover this year."
But, despite the increase, Hiscox said it would not recruit more underwriters.
Hiscox has revealed that gross written premium rose to £726m in 2002.
Professional indemnity accounts for about 8% of its £269m capacity for 2003.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
