Deal will allow Hiscox to develop other existing DirectAsia brands

Sale deal completed

Hiscox has completed the sale of the Hong Kong division of its DirectAsia business to Well Link Group Holdings.

The business will continue to operate under the DirectAsia brand in Hong Kong for up to 12 months.

Hiscox, which previously announced the deal in March, said the sale would allow Hiscox to focus the future growth of DirectAsia on its operations in Singapore and Thailand where it sees strong potential.

 

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.