Hiscox Profile
Click on any of the blue headings to read more about Hiscox and our close working relationship with this insurer.
Financial Profile
Ratings:
Hiscox Insurance Company Limited (UK and Europe) has the following ratings. Last updated (Nov 15) from their financial strength page.
- A (Excellent) – A.M. Best
- A (Strong) – Standard and Poor’s
- A+ (Strong) – Fitch
Premiums:
Gross Written Premiums: Retail Division (includes Hiscox UK and Europe) had a total GWP of £891.1m in their full year 2014 reported results.
Hiscox Appetites
At Hiscox, our charity cover has been specifically developed to protect against the risks and potential liabilities faced by UK charities, clubs and associations, their trustees and principals connected with the running of these organisations.
Who is it for?
We have taken the time to understand the charities market and have designed a charity insurance portfolio product that provides cover for your client’s property, liability, trustees and professional exposures.
It is suitable for a wide range of charitable organisations including:
- arts, culture and heritage
- animal
- child support
- community charities
- wellbeing
- disability
- educational
- health focused
Hiscox and Ladbrook have also developed a product for Community Libraries.
They Say....
Sam Franks
Regional Manager, Hiscox
Ladbrook have considerable expertise in, and passion for, insuring the not-for-profit sector. Hiscox seek to work with specialist brokers who are well placed to serve their customers, and are proud to be a partner insurer with Ladbrook.
Hiscox ask for feedback from our customers after every property claim. We ask customers how likely they are to recommend Hiscox to others and then calculate the overall score on a scale of -100% to +100% – a ‘Net Promoter Score’. We currently have a score of 92%.
We Say....
Tim LardenManaging Director
We enjoy a very strong relationship with Hiscox, an insurer with a particularly strong reputation in the professional SME market. Hiscox are commitment to the third sector and have produced a very strong charity product. Hiscox also support the third sector through the Hiscox Foundation, a grant making foundation reflecting Hiscox values.
Hiscox Underwriters are flexible and willing to consider the unusual for well run charities. We really like the Hiscox interest-free instalment facility, an attractive feature to help our non profit clients manage their expenditure and cash flow.
Hiscox Client Claims Experience
Hiscox ask for feedback from our customers after every property claim. We ask customers how likely they are to recommend Hiscox to others and then calculate the overall score on a scale of -100% to +100% – a ‘Net Promoter Score’. We currently have a score of 92%.
Sam Franks, Hiscox
Ethical Policy
Please follow this link to find out more about how Hiscox do business fairly and honestly, while looking for ways to support local communities and the environment:
Hiscox London Headquarters – 1 Great St Helen’s, London EC3A 6HX