Hiscox identifies specialist broker buys as key to strategy's success

Sarah Hills
01 Jun 2008

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Hiscox is claiming success over its strategy of growing its speciality regional business to balance the insurer's more volatile international business.

The insurer said part of this positive result was due to the acquisition of specialist brokers that deal with small-ticket professional indemnity (PI) in the emerging professions sector.

Jennifer Crowl, group communications director at Hiscox, said: "This is the first time that Hiscox has bought into any UK brokerages and they were all

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