News in brief
Sign up to be quicker and greener
Hiscox can now send you your clients’ insurance renewal/anniversary documentation via email. Not only will you get it quicker, it also minimises paper use.
Once you have received the documentation, which is in PDF format, you can choose whether to email it directly to your client, or simply print and post it.
It’s not too late to register for this service: just email projects@hiscox.com, stating your name, brokerage, address and line of business (commercial or private client).
Remember to include the email address you want the documentation to be sent to if it is different from the one you are emailing from.
Hiscox upgrade
Standard & Poor’s (S&P) has followed A.M. Best by upgrading its ratings for Hiscox. The Counterparty Credit Rating and the Financial Credit Rating both increased from A- (Excellent) to A (Excellent).
According to S&P, the upgrade represents the Hiscox Group’s strong capitalisation, which demonstrates “the resilience of the Group’s capital position to the extreme turbulence seen in global financial markets”.
It also noted how Hiscox has differentiated itself from its peers and enhanced a competitive position through continued brand development and product innovation.
Glenn Caton, Sales and Marketing Director, said that “brokers can reassure their clients that they are with a strong, stable and successful business”.
SME boost
Despite growing redundancy figures, the SME sector has received a welcome boost.
The Government has already announced moves to offer cash and training for the jobless to set up in business and a loan guarantee scheme is also expected.
As a specialist insurer for SMEs, Hiscox welcomes initiatives that support entrepreneurship and says that many new businesses have used redundancy as their launch pad for success, meaning they can make a career from a business idea.