Hiscox responds to broker demand with private client launch

money

The provider said Hiscox Private Client was opened following in-house research which showed that the majority of high net worth (HNW) customers don't use a HNW insurer. 

Hiscox added that specialist commercial brokers which do not possess in-house private client expertise was also a key driver behind the launch.

Hiscox head of art & private client, Justin Gott, said: "Research shows that 80% of HNW customers don't use a HNW insurer.

"That's a big business opportunity for brokers and specialist

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