Insurer focuses on the US
Hiscox has made 10% of its Bermuda operation redundant as it looks to re-focus on its US business. The specialist insurer will open five more offices in the US by the end of next year and strengthen a number of its US-based teams, including terrorism, media and technology. Hiscox will close its Bermuda specialist reinsurance and insurance team, less than a year after it was established. The three members of the team have been made redundant. The insurer’s treaty reinsurance business in Bermuda, which has 27 staff, will continue to operate.
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.
