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People Moves: Garside Named CUO at Liberty Specialty Markets Bermuda; RSA s Perry Hired at Hiscox UK s Art & Private Client Division

Hiscox Q1 Overall Growth Offsets U S , Cyber Repositionings

Hiscox Q1 Overall Growth Offsets U.S., Cyber Repositionings May 5, 2021 Hiscox Ltd reported gross written premiums up 6.3% to $1,256.6 million, with growth in Hiscox London Market, Hiscox Europe and direct and partnerships business more than offsetting planned reductions in the U.S. broker channel. In Hiscox Retail, gross premiums up 8.6% in a challenging operating environment. That included UK Retail with premiums up 8.2%, reflecting strong renewals and growing customer numbers. Hiscox Europe was up 20.4% led by Germany, Benelux and Iberia. Hiscox London Market benefitted from favourable rate momentum, with rates up 13% across the portfolio and premiums up 9.3%. The insurer said it has made good progress in repositioning its U.S. broker portfolio.

Hiscox promotes Isha Patel to head of direct commercial in UK

Insurance Post Print this page   Patel joined the insurer in 2013 and has worked across operations, finance and sales with roles in both the Hiscox Retail business units (Hiscox UK and Direct Asia) and Hiscox London Market. In 2018 Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe You are currently unable to print this content. Please contact [email protected] to find out more.

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