Insurance Competitor Profile: Hiscox

Date: 2015-11

Hiscox is an international specialist insurance group. The company is split into three operating segments: Hiscox Retail (all of the group’s retail operations), Hiscox London Market (internationally traded insurance lines), and Hiscox Re (reinsurance).

– Learn about Hiscox’s organizational structure and its core business segments.
– Gain insight into the strengths, weaknesses, opportunities, and threats it faces going forward.
– Understand Hiscox’s strategy and recent developments in its UK business.

– What is Hiscox’s business strategy?
– What are Hiscox’s strengths and weaknesses?
– What opportunities and challenges does the company face going forward?

Key Highlights
Hiscox is in a very strong financial position and has begun investing in new staff to push the company forward.

Hiscox’s aim in the UK is to target the 80% of the high net worth market that does not already refer to specialist insurance companies.

Hiscox has greatly increased its advertising expenditure in the UK, in order to grow its presence in the market.”

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