Hiscox London Market is strengthening its position in the delegated authority and alternative risk sectors with the launch of a new division, Hiscox Portfolio Solutions.
The division will consist of four distinct but complementary teams: Alternative Risk, Beta-Follow, Global MGA, and Structured Solutions.
Alternative Risk, written within Hiscox London Market since 2015, selectively backs world-class underwriting expertise targeting the most profitable market segments.
Beta-Follow supports select broker cross-class facilities to create a diversified portfolio of risk, with high indexation.
Global MGA engages with MGAs to provide strategic support and create a diversified portfolio of risk. This involves a limited number of significant MGA relationships, utilising both Hiscox London Market and Hiscox’s Retail division.
Structured Solutions focuses on multi-year and/or multi-line policies where traditional insurance solutions may not fully meet a client’s individual needs.
The division builds on established skills within the business, particularly in alternative risk, where Hiscox has been marketing a developed proposition for a decade.
As data and advanced analytics blend with more traditional underwriting skills, significant opportunities arise to deliver innovative insurance solutions in areas where clients seek alternatives to traditional risk transfer, as well as to support data-led delegated authorities where Hiscox can provide significant insurance capacity.
Hiscox is building the Hiscox Portfolio Solutions teams with a blend of seasoned underwriters experienced across multiple lines of business and commercial actuaries offering the analytical expertise needed to deliver deep portfolio insights. This hybrid approach harnesses a diverse skillset to produce market-leading results over the long term.
