Hiscox plans to grow its broker book

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Chief underwriting officer Richard Watson says insurer will continue to focus on high net worth and small commercial risks.

Hiscox plans to continue growing its broker book after its financial results for 2014 showed a 5.5% increase in gross written premium (GWP) for UK and Ireland.

Richard Watson, chief underwriting officer of Hiscox, told Insurance Age that he was pleased with the results and that the rise in GWP was due to a lot of hard work and investment into the group's brand.

"With retail business there is no simple secret to success, it's all about hard work," he said. "We've grown our direct book and our

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Applied updates on commercial push

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