A spot of networking?
The high net worth sector seems to be waking up to the benefits of the internet, after Hiscox launched an extranet system. However, Angela Faherty questions whether HNW clients will still prefer the personal touch.
Hiscox's decision to transfer some of its broker submissions to anextranet system is indicative of a new development in the high net worth
insurance market.
Hiscox's automation process aims to offer a greater level of efficiency to
brokers and enable insurers to write more mid net worth policies. Guy
Knight, head of the private client division at Hiscox, explains: "The
technology has been designed so brokers can be more efficient in front of
their clients. It cuts out the delays caused by
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