Hiscox conducts study of small business insurance purchase

Hiscox has conducted a study on small business insurance purchases that revealed that only 16% of sm...

Hiscox has conducted a study on small business insurance purchases that revealed that only 16% of small business entrepreneurs buy protection against cyber risk, despite a rise in technology breaches in UK businesses. The research also found that directors' and officers' cover was similarly unpopular, with only 22% of businesses purchasing this type of cover where as public liability, ranking at 77%, was the most commonly sold.

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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