Broker Insights extends Hiscox partnership

Broker Insights, a data analytics provider for the UK commercial insurance sector, has extended its partnership with global specialist insurer, Hiscox with a new three-year agreement.

This new agreement extends their collaboration to nine consecutive years, demonstrating their ongoing commitment to regional brokers.

As an early adopter and the longest-standing partner of Broker Insights’ Vision platform, Hiscox uses data-driven insights to improve its broker relationships.

The renewed partnership will continue this focus, leveraging advanced data analytics within Vision’s £6bn+ GWP dataset to identify and pursue mid-market opportunities.

This will allow Hiscox to refine its underwriting appetite and expand its reach in key sectors like technology and media, the firms stated.

Broker Insights Chief Executive Officer, Peter Scott, said: “Together, we’ve achieved significant milestones over the past six years, from creating valuable strategic opportunities to driving growth with regional brokers,” he said.

“Looking ahead to the next three years, by further leveraging analytics and market insights within Vision, Hiscox can continue to focus on the right opportunities, enhance engagement with regional and mid-market brokers, and unlock greater efficiency with precision and impact.”

James Stewart-Smith, Hiscox Broker Sales Director, commented: “Our longstanding partnership with Broker Insights continues to deliver significant value for our broker relationships and portfolio growth.

“The platform’s data-driven insights have become integral to our regional broker strategy, helping us identify and respond to opportunities more effectively. This three-year renewal demonstrates our commitment to investing in technology that enhances how we serve our broker partners and ultimately, their clients.”

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