Hiscox boosts regional broker strategy as three-year deal signed

Broker Insights and Hiscox have extended their partnership with a new three-year agreement.

The deal will see Hiscox continue to use Broker Insights’ Vision platform, which uses data to help brokers and insurers connect and interact more efficiently.

Hiscox also aims to refine its underwriting appetite and expand its reach through the platform.

James Stewart-Smith, Hiscox’s broker sales director, said: “Our longstanding partnership with Broker Insights continues to deliver significant value for our broker relationships and portfolio growth.

“The platform’s data-driven insights have become integral to our regional broker strategy, helping us identify and respond to opportunities more effectively.

“This three-year renewal demonstrates our commitment to investing in technology that enhances how we serve our broker partners and ultimately, their clients.”

Long collaboration

This renewal agreement will bring Hiscox and Broker Insights’ collaboration to a total of nine consecutive years.

Broker Insights chief executive Peter Scott said that the partnership with Hiscox “exemplifies the power of collaboration and data-driven insights”.

He added: “Together, we’ve achieved significant milestones, from creating valuable strategic opportunities to driving growth with regional brokers.

“Looking ahead to the next three years, by further leveraging analytics and market insights within Vision, Hiscox can continue to focus on the right opportunities, enhance engagement with regional and mid-market brokers and unlock greater efficiency with precision and impact.”