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Working with The Chartered Insurance Institute, Inside Careers brings you the most authoritative career guide to the insurance industry
EMPLOYER A-Z
Aon
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Hiscox Insurance Company Limited
Lloyd's
Willis
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Employer Profile
About Hiscox
Who are we?
Hiscox, a FTSE 250 company domiciled in Bermuda since 2006, is a
leading
specialist insurer with a
diverse
portfolio of personal and commercial risks. With 100 years of underwriting heritage, we now have more than 1,100 staff, with offices in 12 countries. In 2009, the Group controlled a gross premium income of
£1,713.4
million with a pre-tax profit of
£320.6
million.
As a market leader in our chosen areas of business, we cover risks that range from marine, terrorism, aerospace, technology, media and professional indemnity through to high value personal insurance, such as homes and contents, fine art, bloodstock and kidnap and ransom.
We are not a mass producer of insurance policies but focus on key areas of expertise and strength. We specialise in protecting people with unusual and often complicated insurance needs.
There are three main underwriting parts of the Group. Hiscox London Market, Hiscox UK and Europe, and Hiscox International:
•
Hiscox London Market
underwrites mainly internationally traded business in the London Market – generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd’s
•
Hiscox International
includes operations in Bermuda and Guernsey and Hiscox USA
offering a range of specialist insurance and reinsurance
•
Hiscox UK and Hiscox Europe
offers a range of specialist insurance for professionals and business customers, as well as high net worth individuals.
Our business philosophy
The best people
Any business is only as good as the people it employs. We aim to employ the best people to produce the best insurance solutions and deliver the best service possible.
The best clients
Hiscox has three vital questions for every risk - "Who is the insured? Who is the insured? Who is the insured?". Who we insure is crucially more important than what we insure. Whatever the business, be it a global oil company or a one man professional practice, we are interested in the management and how the business is run. Our belief is that the good insured always pays too much, and the bad insured too little. By seeking out the good insureds and avoiding the bad, we are able to offer wide cover at reasonable premiums.
Innovation
All of our products have been designed with our customers’ specific needs in mind. Creative use of technology has also improved distribution and enabled us to respond even more quickly and effectively to our customers. Unlike many of our competitors, Hiscox really is an
organisation that thrives on change.
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Current Jobs
No current jobs
Further Details
No. of employees
1100
Locations
London, Colchester, Glasgow, Manchester, Leeds, Birmingham, Maidenhead, Bristol
International opportunities
Yes
Work experience offered
Yes
No. of graduate vacancies
11
Disciplines recruited from
Any
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