Hiscox
Sharing Economy: Taking a slice of the action
With the sharing economy growing year-on-year, what are the challenges and opportunities for the insurance industry?
Hiscox expects ‘manageable loss’ from Alberta wildfires
Hiscox expects a manageable loss as a result of claims arising from the Alberta wildfires, according to the insurer's interim management statement for the three months ending 31 March 2016.
Hiscox sees 10% growth in GWP
Hiscox has seen gross written premiums increase by 10% in the first quarter globally, and by 5.8% in the UK.
Senior management: Parachuting in
With more senior management roles going to those from outside the general insurance industry, how will this affect the sector in the future?
R&Q to dispose of more businesses in 2016, focuses on cost-management
Randall and Quilter will look to dispose of more businesses this year as part of a simplification of the firm’s business model.
Hiscox Group adds Prudential’s Aki Hussain as group CFO
Chief financial officer of Prudential’s UK and Europe division, Hamayou Akbar (Aki) Hussain, will join Hiscox as its group CFO in the second half of 2016.
Digital start-ups: Ready to launch
With a new start-up being founded every minute in the UK, the insurance industry has to meet the needs of this new breed of client.
Guest promoted at XL Catlin in Singapore
David Guest, XL Catlin's Asia-Pacific head of crisis management, has been promoted to country manager for the insurer's Singapore operations.
JLT CEO Dominic Burke and Robert Hiscox back Brexit campaign Vote Leave
JLT group chief executive Dominic Burke (pictured) and Hiscox's former chairman Robert Hiscox have been named among 250 business leaders and entrepreneurs backing the Vote Leave campaign.
Brit-led commercial aviation consortium launches
Brit has launched a Lloyd's consortium for commercial general aviation with capacity also provided by Kiln, Hiscox, Apollo and Pritchard.
C-Suite Insurer: Hiscox's Robert Childs - Good in a crisis
It is in an emergency that the industry’s expertise is needed most. It’s up to London to lead the way
Hiscox-owned Direct Asia sells Hong Kong division to Well Link
Global insurer Hiscox has decided to sell the Hong Kong division of Direct Asia to Well Link for an undisclosed sum.
Construction: The fall guys
New safety regulations and sentencing guidelines will place additional pressures on firms to ensure construction safety – and it is likely SMEs will find it hardest to comply
GI CEO's urge against IPT increase in letter to Osborne
Twenty-three general insurance executives have written to Chancellor of the Exchequer George Osborne ahead of the 16 March Budget announcement, urging against a further increase in insurance premium tax.
Hiscox teams up with start-up broker for pay-as-you-go host insurance
Online platform Belong Safe has today launched the first on demand host insurance product to cater for the rising home-sharing market.
New Hiscox MGA to focus on professional indemnity and motor
Hiscox will this year set up a managing general agent in the UK focusing on areas outside its underwriting appetite, including some classes of professional indemnity and motor insurance.
Hiscox reports 6.5% pre-tax profit fall as GWP rises
Hiscox’s pre-tax profit dropped by £14.9m to £216.1m in 2015 as the company reported increased gross written premiums of £1.94bn (2014: £1.75bn).
Litigation likely to test limitation clauses in data breach cases
Litigation will test the effectiveness of companies seeking to absolve themselves of data protection and data security responsibilities via clauses in contracts as companies increasingly believe it's "worth a go", according to cyber insurance experts.
Patrick Snowball: bankers and regulators are ruining the GI market
Many of the UK’s major general insurance companies are suffering because their boards have turned the businesses into pseudo-banks, and manage them accordingly to pacify the authorities.
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…
Rank: 27 - Bronek Masojada, Hiscox Group CEO
Masojada has identified “plenty of opportunities for growth” off the back of a 12.9% increase in gross written premiums to £1.54bn for the first nine months of 2015 (9M 2014: £1.36bn).
Blog: Five reasons Sian Fisher is a good choice for CII CEO
This morning Sian Fisher was unveiled as the new CEO of the Chartered Insurance Institute.
Penny Black's New Year 2016
As the insurance industry rings in the New Year, Penny Black asked commentators how they like to celebrate and what resolutions they will be making for 2016.
Review of the Year: General Insurance
The past year has been a rollercoaster ride for general insurers, with tough market conditions serving as a backdrop for highs, such as strategic consolidation and a £1bn whiplash windfall, and lows, including the Insurance Premium Tax hike and struggles…