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Why invest in Hiscox?

Hiscox is a uniquely diversified insurer with a clear vision for the future. Our success is due to a strategy of building balance (illustrated below) which we have held for decades and has been proven to deliver in the short, medium and long term.

Our strategy

  • to use our underwriting expertise in Bermuda and London to write high-margin volatile or complex risks;
  • to build distribution for our specialist retail products;
  • to protect and nurture our distinctive culture and ethos by recruiting the best people, and by focusing on organic growth.

Our three divisions covering reinsurance, London Market insurance, and retail insurance, provide the Group with a natural hedge against major catastrophes and market cycles in each of our businesses. Our operations span every continent and we are not overly reliant on any one of our divisions for the Group’s overall profits.

A track record of profitable growth

Over the last five years the Hiscox Group has:

  • increased gross written premiums by 34.2% to £1.94bn
  • delivered average combined ratio of 87.4%
  • posted average return on equity of 14.2%
  • achieved compound dividend growth of 9.0%
  • returned capital to shareholders of £815m

A resilient business

Strong underwriting discipline, a diversified strategy and sound capital management lead to a lower risk profile for the Group.

Our divisions always underwrite for profit, not for market share, and we actively manage our business mix according to the conditions in each sector.

The Hiscox businesses maintain strong and stable credit ratings: A by A.M. Best and Standard & Poor’s and A+ by Fitch. The Group has an increasingly diversified capital base and is in a strong position to take advantage of future growth opportunities. 

Unique culture and strong brand

The excellence of our people has been a crucial factor in our continuing success. Their expertise, courage and dedication continue to drive our reputation for quality and professionalism. In return we strive to provide them with a working environment in which they can flourish. In our annual global employee engagement survey we looked at how connected employees feel to Hiscox, their managers, their teams and their role. Hiscox enjoys very high employee engagement, which averages in the top quartile of over 200 companies worldwide. Of our employees, 90% said they are proud to work for us, while 95% said they believed in our corporate values.

The excellence of our people has been a crucial factor in our continuing success. Their expertise, courage and dedication continue to drive our reputation for quality and professionalism. In return we strive to provide them with a working environment in which they can flourish. In our annual global employee engagement survey
we looked at how connected employees feel to Hiscox, their managers, their teams and their role. Hiscox enjoys very high employee engagement, which averages in the top quartile of over 200 companies worldwide. Of our employees, 90% said they are proud to work for us, while 95% said they believed in our corporate values.

Specialist expertise that is valued by our customers

We are market leaders in many of the risks we underwrite and our customers value the expertise and innovative cover we provide*.

  • In France, 96% of small business customers are satisfied with our services.
  • In the USA, 97% of small business customers surveyed would recommend us.
  • In the UK, 97% of Hiscox Home Insurance customers who have made a claim would recommend us.
  • Our broker partners value our claims expertise, rating Hiscox number one in the Gracechurch London Claims Report for overall service quality.
  • In 2015 we received industry accolades which included Insurance Company of the Year at the City A.M. Awards and the Hiscox London Market Directors and
    Officers’ team being awarded Underwriting Team of the Year at the Insurance Day London Market Awards.