Hiscox maintains UK expansion pace in Q1
Hiscox UK grew written premiums by 8.9% to £181.2m in the first quarter compared to the same period the year before, underpinned by “strong double-digit” growth in its art and private client arm.
The provider confirmed it was the seventh consecutive quarter of double-digit expansion in APC. The latest figures were driven by ramping up distribution deals, stronger production in the broker channel and investments in AI, the insurer listed.
In commercial the provider detailed that “focused appetite expansion” and increases in capability had led to strong growth in certain sectors. It cited dentists and vets, specialist and independent retail, as well as sports and leisure, as examples.
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