Hiscox UK's GWP edges up by 1.1%

Bronek Masojada

Hiscox UK's retail business saw gross written premium (GWP) growth of 1.1% for the first nine months of the year, compared to 2011.

The provider reported that retail business had edged up to £283m from £280m during the period.

In 2011, Hiscox cancelled two underwriting partnerships - one of which included a relationship with Bluefin.

But the provider said it had 'done well' to replace this lost income with strong growth in professions and speciality commercial business.

Hiscox also announced its intention to open a multi-office function in York during 2013 with a mix of underwriting and support for brokers in the North.

It

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