Hiscox UK stays in double-digit growth mode
Hiscox UK grew premiums by 11.1% to £603.1m in the first nine months of the year, the insurer has confirmed.
The expansion rate has accelerated from just over 10% at the half-year stage.
According to the insurer, the growth has been volume-based and driven by “continued investment in our brand, successful execution of our sector strategy and deployment of new technology”.
It noted the art and private client business achieved a ninth consecutive quarter of double-digit growth.
In the APC segment, the ongoing uplifts are due to new distribution deals and investment in technology, Hiscox listed.
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