All at Hiscox Syndicate are delighted to have won this award. We are grateful that the team's hard work, and dedicated approach to service delivery has been acknowledged.

In all that we do, we aim to honour the core values of quality and integrity, and we pride ourselves on our speed of response to all inquiries, from initial contact through to claims.

The global markets area of Hiscox underwrites internationally traded business, via the Lloyd's insurance market, and specialist retail business from around the world.

Our remit is simple - we provide capacity for big risks and expertise for the specialist ones. We cover a broad range of insurance products, from reinsurance to aerospace and always aspire to offer best in class performance.

We are a leader in a number of insurance areas including: terrorism; marine, kidnap and ransom; technology; media; fine-art; high value homes; space and property; and marine and non-marine reinsurance.

Our relationship with Lloyd's began in 1901, when we opened for business as a single underwriter. Ever since, Hiscox has sought to be at the forefront of innovation in underwriting and in shaping changes at Lloyd's.

Richard Watson, managing director, Hiscox Global Markets, said: "This award reflects the success of the Hiscox approach to business - we focus on underwriting and on finding solutions for our clients.

Hiscox invests heavily in the technical knowledge of its underwriters, and in initiatives to make those underwriters and their capacity easily accessible. It is great to receive such a prestigious recognition and endorsement of this approach."