Hiscox Analysis
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News Analysis
TechTalk: The broker opportunity to fill a cover gap around commercial drone use
’Small, low value drones can perform a pretty high level of professional services at a fraction of the cost of what you would have had to do previously,’ says head of class
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IT Interview
Gareth Hemming: Hiscox carrying ‘positive momentum’ on broker sentiment into 2025
’We’re clear on where we want to go in terms of strategy and growth, but we’re going to do it in a way that’s informed by broker feedback and input,’ says specialist insurer’s head of distribution
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News Analysis
In Focus: How should UKGI underwrite emerging technologies like VR gaming and advanced robotics?
According to TechUK, more than 400,000 articles about artificial intelligence were published in UK media across 2023 – but how is the insurance sector seeking to underwrite uncharted tech tools such as robotics and virtual reality worlds?
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News Analysis
In Focus: What role do broker schemes play in supporting affinity and membership groups?
Membership groups often have very specific insurance needs that brokers seek to address through scheme propositions – but how is this approach beneficial for brokers?
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IT Interview
FCA review on rule simplification offers ‘opportunity’ to forge ‘proportionate’ framework – Jon Dye
The chief executive says Consumer Duty marked ‘a significant regulatory change’ that ‘has involved a good deal of work’ to implement and embed successfully within the insurer’s operations
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News Analysis
In Focus: How can HNW insurance policies help manage risks related to high value or risky hobbies?
High net worth clientele often enjoy an array of hobbies that the average man on the street may not be able to afford – but how can individuals ensure they have appropriate cover to protect against pitfalls of a very particular hobby niche?
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News Analysis
In Focus: A gap in the HNW market for reputational cover?
As the reputational risks for high profile individuals increase, is the HNW insurance sector missing a trick?
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IT Interview
Jon Dye: Hiscox is third of way through ‘strategy for profitable growth’
UK chief executive flags ‘really good energy’ at the specialist insurer as it targets retail growth ‘between 5% and 15% at the right level of profit’ over four-year strategy duration
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IT Interview
Jo Musselle: Hiscox targets ‘new distribution deals’ with brokers as part of ‘omnichannel’ strategy
Market-wide appetite ‘to trade more in a digital way’ sees insurer commit to roll out high net worth proposition on eTrade extranet by year-end, says chief underwriting officer
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News Analysis
Insurers play ball with large sporting events
With the Paris Olympics starting this week, Insurance Times takes a closer look at coverage trends and developments hitting the large sporting events market
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News Analysis
Are SMEs paving the way for cyber attacks on larger companies?
The relationship between a big business and partner SME can present ’a vast opportunity for hackers to infiltrate the larger business’ due to ’weaker security systems’ that are typically employed at small companies
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News Analysis
In Focus: How can brokers showcase their value to insurers via specialist schemes?
Insurance Times asks industry experts how brokers can leverage specialty and expertise to increase their value
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News Analysis
Jon Dye: Hiscox’s broker partners ‘absolutely front and centre’ to growth ambitions
The Hiscox UK chief executive speaks to Insurance Times about his journey into the role and his plans for the insurer
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IT Interview
James Webster: Claims service ever more vital in the face of current challenges
While challenges persist the claims market ‘seems to have settled down’, says head of specialty claims
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Analysis
Briefing: Russia-Ukraine conflict takes toll on insurers’ half-year results
Insurers are preparing for further losses as Russia continues to hold on to leased planes
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Analysis
Briefing: Journalism still lacks ethnic diversity – just like insurance
The insurance sector must work harder to retain its ’kaleidoscope of talent’ and eliminate ’empty diversity and inclusion pledges’
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Analysis
Briefing: Russia-Ukraine insured losses deemed ‘manageable’ – but how long for?
Investment bank predicts that conflict losses will be ‘manageable’, yet insurer boss believes flexibility will remain central for keeping abreast of unfolding situation
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Analysis
Briefing: What happened? Hiscox slides on broker service
Hiscox falls in Insurance Times’ personal lines broker service survey
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Analysis
How has the Covid-19 pandemic affected HNW clients?
Ecclesiastical’s art and private client business director tells Insurance Times how high net worth clients have reacted to the ups and downs of the coronavirus crisis
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Analysis
Opinion: Report highlights post-pandemic leadership reshuffle
Editor Katie Scott mulls whether the onslaught of recent insurer boss changes will impact on business strategies for 2022, especially following the FCA’s final deadline for its fair value changes