Working at Hiscox | Glassdoor.co.uk

Hiscox Overview

Hamilton (Bermuda)
1001 to 5000 employees
1901
Company - Public (HSX)
Insurance Operators
£2 to £5 billion (GBP) per year
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange. We can trace our roots in the Lloyd’s market back to 1901 and our adaptability has meant we have evolved organically over time.

We are now a ... Read more

Mission: Our ambition is to be a highly respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout ... Read more


Glassdoor Awards

Best Places to Work: 2019 (#7), 2018 (#8)

Best Places to Interview: 2017 (#3)

Company Updates

  • Today we release our interim results for the six months ended 30 June 2019. Our CEO Bronek Masojada commented: "Hiscox delivered a profit of $168 million for the first half despite a more challenging claims experience. Looking ahead, with six consecutive quarters of rate growth in some Lloyd's business, the market is in a better position than it has been for some time."
    http://glassdoor.com/slink.htm?key=vMiWA

    2019 Interim Results

    For the six months ended 30 June 2019 "A positive result in a changing market" Highlights Gross premiums written up 7% in constant currency, with all business segments growing. Profit before tax up 3% to $168 million, driven by a good investment return of 4.8% annualised. Interim dividend up 4% to 13.75¢.

  • Today we publish our annual Climate Report, which outlines some of the progress we have made on climate-related issues in 2018 and 2019 so far. You can find out more at: http://glassdoor.com/slink.htm?key=vMtQH

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Hiscox Video

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Hiscox – Why Work For Us?


A specialist insurer with over 100 years' experience

Hiscox is a leading specialist insurer, headquartered in Bermuda, with roots dating back to 1901. We offer a range of insurance products, often focusing on areas other insurers find too complex to insure.



Hiscox Re.

The reinsurance division is made up of our underwriting platforms in Bermuda, London and Paris writing reinsurance risks around the world. The team of circa 100 bright, energetic individuals are committed to providing top quality service to brokers and clients across a broad range of reinsurance products. Our approach is simple, we set out to partner with our customers to help solve the problems that will deliver real value; and have an unwavering focus on matching the right blend of innovation and dependability to meet our customer’s ever evolving needs. Our focused and discerning underwriting approach is complemented by a commitment to world class service, and the ability to offer creative solutions to complex problems. We know our people are our biggest asset so finding and retaining top talent is crucial for every role.

London Market:

Hiscox London Market is the leading insurer of global risks. Rather than ask ‘why?’ when challenged with a risk, we’d prefer to say ‘why not?’

We are one of the largest and oldest Lloyd’s syndicates. Known for our long-term leadership in the market, our blend of underwriting expertise and meaningful capacity makes us an ideal partner for our clients, whatever the size and complexity of their risk. With winning attitude, adaptability and passion; our people aim to outperform always. 

Hiscox Special Risks:

Hiscox Special Risks is our market leading division setting the industry standard for specialist insurance lines including kidnap and ransom and fine art. The team is made up of circa 55 dynamic and driven individuals based in offices across the globe. Small in size yet formidable in ambition and delivery the divisional results demonstrate that when your team is made up of the best anything is possible.

Hiscox MGA:

Hiscox MGA is an exciting new venture for Hiscox with aggressive growth plans. Specialising in key areas such as Marine, Property, Casualty and Terrorism the function is a small yet fast growing part of the Hiscox global organisation. Attracting the true pioneers in each class of business, this division embodies the entrepreneurial spirit many talk about but few achieve. Fast paced, energetic go getters are a must in the division.

Hiscox UK & Ireland:

Hiscox UK & Ireland is a leading brand in the insurance market, recognised as setting the standards which others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous through to the most innovative technology companies. Our customers are diverse and unique and are only united by our ability to provide specialist insurance tailored to their needs.

How we’re different

Our people, underwriting expertise and our relentless commitment to exceptional customer service make us different.

No two businesses are exactly the same and we are committed to offering flexible and intelligent underwriting solutions, with coverage tailored to a business’s needs. We also don’t shy away from complex risks.

 

Values

Hiscox is a modern business with traditional values – courage, quality, integrity, excellence in execution, and human. Together these values make up what we call the Hiscox spirit: ‘challenging convention’.

We’re different from other insurers because we live up to it, and challenge convention in everything we do. Our success relies on each one of us doing so, whatever our job, wherever we work.

Living up to our values

Hiscox Reviews

  • Featured Review

    Helpful (5)

    "I'm genuinely proud to work here!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trainee Insurance Expert in York, England
    Current Employee - Trainee Insurance Expert in York, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Hiscox full-time (Less than a year)

    Pros

    -Great culture with an enjoyable environment.
    -Fantastic staff and training plan.
    -Fantastic building, modern with great amenities.
    -Staff and customer focused ethos.

    I'm only 5 weeks into my employment here and have been refraining from reviewing Hiscox due to my limited experience so far. I do feel a bit better placed now to offer some honest feedback. This is arguably the best place to work in the UK, it ticks every box including boxes you didn't even know needed ticking. The recruitment process is brilliant and not daunting, there are fantastic opportunities to progress as long as you put some effort in and don't expect the world to present opportunities to you. The staff are brilliant, the work itself although challenging (particularly within business insurance) is so much more interesting than what i ever thought before. I simply cannot praise the place enough and if you are reading this unhappy in your job then apply. Even if you are not successful the process will give you a taste of what working for a decent company feels like and hopefully set you on the right path to being happy at work. If you are successful then I will see you at the pool table for a different kind of lesson.

    Cons

    If there are any I haven't found them yet.

    Advice to Management

    At this point I can only say congratulations and keep up the good work.

See All 377 Reviews

Hiscox Photos

Hiscox photo of: Celebratory Cupcake
Hiscox photo of: Well Being Day for our German Teams
Hiscox photo of: Keeping fit and healthy Germany Wellness Day
Hiscox photo of: Volley Ball Weel Being Day in Germany
Hiscox photo of: Well Being Day in Germany
Hiscox photo of: Wellness Day Germany
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Hiscox Interviews

Experience

Experience
79%
7%
14%

Getting an Interview

Getting an Interview
57%
20%
9%
6
4
2
2

Difficulty

3.0
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

     

    Operations Manager Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through a recruiter. The process took 2 weeks. I interviewed at Hiscox.

    Interview

    Interview was 2 stages with hiring manager and HR. Competency and strengths based interview. Relaxed atmosphere and not rigid which made it easy to be yourself. Employer is interested in knowing you as a person

    Interview Questions

    • What is your superpower
      Has anyone ever lost their temper with you at work   Answer Question
See All 215 Interviews

Hiscox Awards & Accolades

  • Reactions London Market Awards 2016, Reactions London Market Awards, 2016
  • Insurance Insider Honours 2016, Insider Honours, 2016
  • The Lloyd’s Market Innovation Awards, Lloyds Innovation Awards, 2016
  • Insurance Day Awards 2016, Insurance Day, 2016
  • 5 Star Rating, Defaqto, 2016
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