368:
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coronavirus-related disruptions from its business interruption policies. One of the judges, Lord Briggs said, commenting on the insurers' argument, "The cover apparently provided for business interruption caused by the effects of a national pandemic type of notifiable disease was in reality illusory, just when it might have been supposed to have been most needed by policyholders." "That outcome seemed to me to be clearly contrary to the spirit and intent of the relevant provisions of the policies in issue."
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Hiscox
Syndicates (for managing syndicates) and Roberts & Hiscox (for introducing and advising members of the Lloyd's market). Expansion beyond the London market followed in 1989 with the formation of a third subsidiary, Hiscox Underwriting, specifically for this purpose. Roberts & Hiscox and
394:
Fast forward to 2023 and the annual report said “The UK broker commercial business continued to enjoy excellent retention, illustrating the underlying quality of the business and the loyalty of our customers. However, new business growth was below
Management expectation, particularly in the fourth
390:
In August 2020 Hiscox’s Ben Walter maintained that its reputation was unaffected by its handling of business interruption claims from UK small businesses, but Chief
Executive Bronek Masojada said in Hiscox’s 2020 preliminary results “Hiscox has undoubtedly suffered some brand damage this year.”.
386:
In 2020, Hiscox forecast its Covid-19 claims would reach $ 387m net of reinsurance. In
January 2021 it added a further $ 48 million to its estimate for COVID-19 losses. This followed the UK Supreme Court’s ruling in favour of Hiscox customers who had challenged the company’s decision to exclude
363:
from the United
Kingdom to Bermuda, adopting the new name Hiscox Ltd. For 2009, the company increased its marketing budget from £400,000 to £10 million and launched a mass media campaign with the strap line "as good as our word".
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308:, who had joined the agency as an underwriter of non-marine insurance eight years earlier, formed the Roberts & Hiscox partnership for the purposes of managing
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in 1998, the company fought to remain independent, successfully rebuffing two takeover offers by 2001. Chubb subsequently sold off its interest in Hiscox in 2004.
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at Lloyd's. Hiscox was elected chairman of Lloyd's in 1967, the same year his son Robert joined the group's
Syndicate 33 as an underwriter of fine art and
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quarter. This was primarily due to a delay in the activation of several broker distribution deals signed in the latter part of the year.”
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subsequently took over as head of the partnership in 1970 after the death of his father, and set about growing the size of the business.
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The company sells both personal and commercial insurance cover in a range of areas: for individuals, Hiscox provides
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in 1994, leaving the company as merely an underwriter and manager of syndicates. Having previously listed on the
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858:"Hiscox adds $ 48mn to Covid-19 BI losses following Supreme Court judgement - Reinsurance News"
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Extinction
Rebellion and other environmental campaign groups targeted Hiscox in March 2024.
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910:"No evidence of reputation hit to business, says Hiscox global retail CEO: Post online"
810:"COVID-19: Supreme Court backs small firms over business interruption insurance claims"
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966:"Manchester campaigners join global fight demanding insurers take action on climate"
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and in
October 2014 Hiscox USA launched a new brand platform "Encourage Courage".
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884:"Small businesses win Covid insurance payouts after UK supreme court victory"
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327:, Hiscox Holdings Ltd, was established for the group, which comprised the
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and retail business. The following year Hiscox plc moved its country of
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The roots of the company lie with the
Roberts agency, which commenced
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in July 1997. Following the purchase of a 28% stake in the company by
1288:
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784:"Doremus Launches 'Encourage Courage' Campaign for Hiscox Insurance"
230:
Hiscox is an underwriter at the Lloyd's of London insurance market.
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In March 2014 Hiscox acquired direct-to-consumer online operation
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is an Anglo-Bermudan insurance provider, listed on the
564:"Business Interview: Robert Hiscox, Chairman, Hiscox"
430:
cover. For companies, cover types include property,
1084:companies of the United Kingdom →
340:, Hiscox plc transferred to the main market of the
210:
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119:
92:
81:
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833:"Rate rises fuel premium income growth for Hiscox"
1615:Financial services companies established in 1901
1630:Companies listed on the London Stock Exchange
1059:
593:"The Market: Fall continues in heavy trading"
8:
21:
1066:
1052:
1044:
762:"Hiscox announces Direct Asia acquisition"
715:"Omega to follow Hiscox to tax-free haven"
20:
535:"New Chairman Named By Lloyd's of London"
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265:, as well as cover against such risks as
742:Hiscox hands SEO account to VCCP Search
463:
414:for "higher value" houses, as well as
713:Seib, Christine (19 September 2006).
277:damage. The company is listed on the
249:, the company largely specialises in
7:
562:Wynn, Sheridan (10 September 2006).
355:office, writing a mix of worldwide
1499:Scottish Mortgage Investment Trust
14:
932:"Hiscox preliminary results 2020"
626:"US insurer buys stake in Hiscox"
624:Cave, Andrew (23 December 1998).
323:In 1987 the firm reorganised – a
16:Anglo-Bermudan insurance provider
1075:
657:Edwards, Simon (21 March 2001).
199:
198:
179:
178:
159:
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27:
1635:Companies in the FTSE 100 Index
659:"Hiscox rejects Chubb takeover"
1625:1901 establishments in England
1620:Insurance companies of Bermuda
351:In 2005, the company opened a
253:areas of the market, offering
1:
338:Alternative Investment Market
1349:International Airlines Group
764:. Post on line. 3 March 2014
281:and is a constituent of the
1389:London Stock Exchange Group
949:"Hiscox 2023 annual report"
812:. Sky News. 15 January 2021
591:Eakin, Jan (22 July 1997).
166:4,483.2 million (2023)
1651:
1344:Intermediate Capital Group
1264:F & C Investment Trust
1039:Official corporate website
751:. Retrieved 16 August 2009
686:"Chubb sells Hiscox stake"
477:"Preliminary Results 2023"
263:high-net-worth individuals
1094:
206:712.0 million (2023)
186:675.9 million (2023)
26:
1434:Pershing Square Holdings
1324:IHG Hotels & Resorts
1184:British American Tobacco
1129:Associated British Foods
448:political risk insurance
304:market in 1901. In 1946
149:political risk insurance
1174:Berkeley Group Holdings
332:related interests were
261:aimed at companies and
1014:"Commercial Insurance"
440:professional indemnity
376:
231:
1384:LondonMetric Property
1304:Hikma Pharmaceuticals
446:, product recall and
370:
342:London Stock Exchange
279:London Stock Exchange
239:London Stock Exchange
229:
147:, product recall and
1379:Lloyds Banking Group
1164:Barratt Developments
992:"Personal Insurance"
605:on 12 September 2005
1399:Marks & Spencer
1374:Legal & General
1299:Hargreaves Lansdown
1219:Croda International
747:8 June 2009 at the
691:Investors Chronicle
664:The Daily Telegraph
638:on 30 November 2005
631:The Daily Telegraph
598:The Daily Telegraph
23:
1544:Standard Chartered
1524:Smith & Nephew
1404:Melrose Industries
543:. 13 December 1966
540:The New York Times
412:contents insurance
377:
371:Hiscox offices in
259:casualty insurance
232:
104:Honorary President
1602:
1601:
1139:Auto Trader Group
1089:
890:. 15 January 2021
864:. 15 January 2021
831:Guerry, Yannick.
790:. 28 October 2014
428:personal accident
424:kidnap and ransom
346:Chubb Corporation
314:personal accident
247:Lloyd's of London
224:
223:
133:kidnap and ransom
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111:
107:
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1564:United Utilities
1464:Rentokil Initial
1249:Endeavour Mining
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970:About Manchester
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862:ReinsuranceNe.ws
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634:. Archived from
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601:. Archived from
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298:marine insurance
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173:Operating income
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109:
108:, Robert Childs
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1334:Imperial Brands
1314:Howdens Joinery
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912:. 3 August 2020
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749:Wayback Machine
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694:. 16 April 2004
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569:The Independent
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972:. 1 March 2024
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1109:Airtel Africa
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1534:Spirax Group
1529:Smiths Group
1509:Severn Trent
1308:
1018:. Retrieved
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888:The Guardian
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636:the original
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603:the original
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484:. Retrieved
418:, fine art,
405:
397:
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329:subsidiaries
322:
306:Ralph Hiscox
295:underwriting
292:
234:
233:
82:Headquarters
18:
1569:Unite Group
1489:J Sainsbury
1479:Rolls-Royce
1154:BAE Systems
1134:AstraZeneca
1119:Antofagasta
816:17 February
452:reinsurance
450:as well as
416:classic car
357:reinsurance
316:insurance.
243:underwriter
235:Hiscox Ltd.
216:hiscoxgroup
1609:Categories
1584:Weir Group
1484:Sage Group
1449:Prudential
1364:Kingfisher
894:16 January
868:16 January
842:16 January
458:References
420:bloodstock
381:DirectAsia
310:syndicates
271:kidnapping
193:Net income
123:Specialty
110:(chairman)
94:Key people
1589:Whitbread
1494:Schroders
1474:Rio Tinto
1469:Rightmove
1439:Persimmon
1359:JD Sports
1274:Fresnillo
1229:Darktrace
720:The Times
571:on Sunday
513:"History"
436:aerospace
275:satellite
141:aerospace
88:, Bermuda
69:Insurance
58:component
38:Traded as
1579:Vodafone
1559:Unilever
1519:DS Smith
1354:Intertek
1279:Glencore
1259:Experian
1214:Convatec
1199:Centrica
1189:BT Group
1159:Barclays
1087:FTSE 250
1082:FTSE 100
1016:. Hiscox
994:. Hiscox
916:3 August
794:28 March
768:28 March
745:Archived
723:. London
515:. Hiscox
482:. Hiscox
402:Products
361:domicile
334:demerged
255:property
129:casualty
125:property
120:Products
86:Hamilton
66:Industry
56:FTSE 100
1454:Reckitt
1429:Pearson
1394:M&G
1339:Informa
1244:EasyJet
1239:Diploma
1169:Beazley
1149:B&M
486:5 March
353:Bermuda
302:Lloyd's
300:at the
289:History
267:hacking
211:Website
155:Revenue
74:Founded
49::
1574:Vistry
1309:Hiscox
1289:Haleon
1254:Entain
1234:Diageo
1020:9 June
998:9 June
976:22 May
788:Adweek
727:5 June
698:5 June
670:5 June
642:5 June
609:5 June
576:4 June
547:3 June
519:31 May
444:hacker
432:marine
145:hacker
137:marine
1554:Tesco
1514:Shell
1504:Segro
1409:Mondi
1294:Halma
1194:Bunzl
1144:Aviva
952:(PDF)
935:(PDF)
480:(PDF)
251:niche
241:. An
114:(CEO)
1459:RELX
1424:Next
1319:HSBC
1022:2008
1000:2008
978:2024
918:2020
896:2021
870:2021
844:2021
818:2022
796:2015
770:2015
729:2008
700:2008
672:2008
644:2008
611:2008
578:2008
549:2008
521:2008
488:2024
426:and
410:and
408:home
373:York
273:and
257:and
218:.com
77:1901
1594:WPP
1539:SSE
1329:IMI
1284:GSK
1224:DCC
245:at
51:HSX
47:LSE
1611::
1179:BP
1099:3i
968:.
886:.
860:.
835:.
786:.
717:.
688:.
661:.
628:.
595:.
566:.
537:.
496:^
466:^
454:.
442:,
438:,
434:,
422:,
285:.
269:,
143:,
139:,
135:,
131:,
127:,
1067:e
1060:t
1053:v
1024:.
1002:.
980:.
954:.
937:.
920:.
898:.
872:.
846:.
820:.
798:.
772:.
731:.
702:.
674:.
646:.
613:.
580:.
551:.
523:.
490:.
375:.
204:£
184:£
164:£
106:)
102:(
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