Hiscox trading portal marks its 15,000th policy transaction

Hiscox's online trading service, INS-cribe, has hit the 15,000 policy mark for professional and commercial policies issued.

INScribe, which was launched in January 2006, was designed for brokers to quote and bind policies for customers through a web-based automated real-time platform. Using a unique password, the broker answers a question set and, if the data presents a clean risk, they can bind the policy straightaway.

Gary Head, professions underwriting dir-ector at Hiscox, said that INScrib