London, UK (4th August 2015): Global specialist insurer Hiscox today announced that it has completed its acquisition of specialist UK classic car business, RH Specialist Insurance.
Justin Gott, Head of Art and Private Client at Hiscox UK and Ireland, commented: “This acquisition is another important step towards our ambition to be a top five specialist car insurer here in the UK. We’re excited to combine our scale and marketing focus with RH Specialist Insurance’s extensive knowledge and distribution.”
RH Specialist Insurance has provided specialist vintage and classic car insurance to owners and collectors for more than 35 years. It works with some of the UK's most prestigious vehicle clubs and their members, such as the Rolls-Royce Enthusiasts' Club and the Bentley Drivers Club.
The business will continue to operate under the RH Specialist Insurance brand, with the same team based out of the existing Brentwood office. With the same proposition and appetite, capacity and servicing will continue to be provided by ERS, its long-standing partner. For more information, visit www.rhclassicinsurance.co.uk (external link).
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For further information please contact:
|Lucy Hensher||+44 (0) 20 7448 6619||[email protected]|
Notes to editors
Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). There are three main underwriting divisions in the Group - Hiscox London Market, Hiscox Re and Hiscox Retail (which includes Hiscox UK and Europe, Hiscox Guernsey, Hiscox USA and subsidiary brand, DirectAsia). Hiscox underwrites internationally traded, bigger ticket business and reinsurance through Hiscox Re and Hiscox London Market. Through its retail businesses in the UK, Europe and the US Hiscox offers a range of specialist insurance for professionals and business customers, as well as homeowners.
For further information, visit www.hiscoxgroup.com.
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