Insurance Age

Group restructure for Hiscox

Hiscox has recently undertaken a group restructure in order to give its individual divisions a closer geographic focus. The redevelopment was undertaken due to Hiscox's business expansion in the US. As a result, Hiscox's Lloyd's operation will now focus solely on the London Market and its Global Markets business will be renamed Hiscox London. The Global Markets hubs in Paris and New York will come under the European and US businesses respectively.