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Insurance Company Profile: Hiscox

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Table of Contents

    Operations

      A Global Overview

        Corporate Structure

          Historic Milestones

            What Does Hiscox Do?

              Product Overview

                Strategy

                  Sponsorships

                    Partnerships

                      Awards & Recognition

                        Advertising Expenditure

                          SWOT Analysis

                            Strengths

                              Weaknesses

                                Opportunities

                                  Threats

                                    Appendix

                                    Insurance Company Profile: Hiscox

                                    Summary

                                    Headquartered in Bermuda, Hiscox is an international specialist insurance group aimed predominantly at wealthy clients. Hiscox offers personal, commercial, and reinsurance products through three main underwriting divisions: Hiscox Retail, Hiscox London Market, and Hiscox Re. It employs over 2,700 people in 32 offices across 14 countries.

                                    This profile offers a review of Hiscox, including its business structure and strategy, its financial performance, and its marketing and distribution activities, before concluding with a SWOT analysis.

                                    Key Questions Answered

                                    - What are Hiscox’s brands?
                                    - What are the group’s strengths and weaknesses?
                                    - What opportunities and challenges will it face going forward?

                                    Scope

                                    - Hiscox’s strategy is centered on maintaining a balance between big-ticket wholesale exposures and smaller, less volatile retail risks, as well as boosting diversity in products, distribution, and geography for diversified growth less susceptible to volatile market conditions.
                                    - In 2017, Hiscox introduced various new products that showcase its ambition to offer innovative forms of insurance cover.
                                    - Hiscox reported a 6.1% increase in revenues in 2017.

                                    Reasons to buy

                                    - Learn about Hiscox’s organizational structure and its core business segments.
                                    - Gain insight into its underwriting and distribution strategy
                                    - Understand the group's advertising strategy.

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