OverviewSuggest Edit

Hiscox provides insurance and reinsurance services. The Company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and ILS, and Corporate Centre. It provides commercial insurance for small- and medium-sized businesses, including household, fine art and collectibles, and luxury motor via brokers through a growing network of partnerships and directly to consumers. The Company also offers property insurance, marine and energy insurance, casualty insurance, and aerospace and specialty insurance, such as aviation, space, contingency, terrorism, political risks and personal accident.

TypePublic
Founded1901
HQBM
Websitehiscoxgroup.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Apr 2022)3,000
Job Openings192
Revenue (FY, 2017)£2 B(+13%)
Share Price (May 2022)£9.5(+2%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Hiscox

Bronek Masojada

Bronek Masojada

CEO
Joanne Musselle

Joanne Musselle

Chief Underwriting Officer
Aki Hussain

Aki Hussain

CFO
Amanda Brown

Amanda Brown

Chief Human Resources Officer
Caroline Foulger

Caroline Foulger

Independent Non Executive Director
Michael Goodwin

Michael Goodwin

Independent Non Executive Director
Show more

Hiscox Office Locations

Hiscox has offices in Atlanta, Chicago, Dallas, Las Vegas and in 26 other locations
Zaventem, BE
Bourgetlaan 42/B8 Building
Bordeaux, FR
12 Quai des Queyries
Paris, FR
38 Avenue de l'Opéra
Frankfurt am Main, DE
Untermainkai 66/2nd floor
Hamburg, DE
Stadthausbrücke 5-7
Köln, DE
Kölnturm, Im Mediapark 8
Show all (31)

Hiscox Financials and Metrics

Hiscox Revenue

Embed Graph
View revenue for all periods
Hiscox's revenue was reported to be £2 b in FY, 2017 which is a 12% increase from the previous period.
GBP

Revenue (FY, 2017)

2.0b

Revenue growth (FY, 2016 - FY, 2017), %

12%

Gross profit (FY, 2017)

980.7m

Gross profit margin (FY, 2017), %

49.1%

Net income (FY, 2017)

26.3m

EBIT (FY, 2017)

51.5m

Market capitalization (13-May-2022)

3.3b

Closing stock price (13-May-2022)

9.5

Cash (31-Dec-2017)

642.8m

EV

2.9b
Hiscox's current market capitalization is £3.3 b.
Annual
GBPFY, 2016FY, 2017

Revenue

1.8b2.0b

Revenue growth, %

12%

Cost of goods sold

739.8m1.0b

Gross profit

1.0b980.7m
Half Year
GBPH1, 2017

Revenue

1.0b

Cost of goods sold

443.2m

Gross profit

564.3m

Gross profit Margin, %

56%
Annual
GBPFY, 2016FY, 2017

Cash

664.8m642.8m

Accounts Receivable

698.5m742.1m

PP&E

48.4m48.6m

Goodwill

7.6m6.3m
Half Year
GBPH1, 2017

Cash

770.6m

PP&E

132.1m

Total Assets

7.0b

Total Debt

284.4m
Annual
GBPFY, 2016FY, 2017

Net Income

337.0m26.3m

Depreciation and Amortization

28.2m21.7m

Cash From Operating Activities

56.9m68.7m

Purchases of PP&E

(5.8m)(6.7m)
Half Year
GBPH1, 2017

Net Income

97.9m

Depreciation and Amortization

9.6m

Cash From Operating Activities

167.7m

Purchases of PP&E

(1.9m)
GBPFY, 2016

Debt/Equity

0.2 x

Financial Leverage

3.7 x
Show all financial metrics

Hiscox Operating Metrics

FY, 2017

Countries

14

Locations

32
Show all operating metrics

Hiscox Revenue Breakdown

Embed Graph

Hiscox revenue breakdown by business segment: 64.1% from Hiscox Retail, 11.7% from Hiscox Re & ILS, 22.9% from Hiscox London Market and 1.3% from Other

Hiscox Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Hiscox Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Hiscox Online and Social Media Presence

Embed Graph

Hiscox News and Updates

London market boosts insurer Hiscox

Hiscox this morning said its gross premiums written for the first nine months of the year is up 6.1 per The post London market boosts insurer Hiscox appeared first on CityAM.

Action group agrees settlement with Hiscox over business interruption cover

Members of the Hiscox Action Group have reached a settlement with the insurer relating to business interruption losses suffered as The post Action group agrees settlement with Hiscox over business interruption cover appeared first on CityAM.

Enstar Reinsures Hiscox Legacy Portfolio

HAMILTON, Bermuda, June 03, 2021 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announces today that one of its wholly owned subsidiaries has completed a Loss Portfolio Transfer with Hiscox Ltd (“Hiscox”), pursuant to which Enstar’s Syndicate 2008 has reinsured a diversified portfolio of …

Hiscox tops list of insurers facing business interruption claims

Hiscox faces paying the out on the largest number of business interruption claims, according to data compiled by the Financial The post Hiscox tops list of insurers facing business interruption claims appeared first on CityAM.

Hiscox sets aside $47m for freak Texas snowstorm

Hiscox has reserved $47m for payouts related to storm Uri, a devastating winter storm that raged through the Southern United The post Hiscox sets aside $47m for freak Texas snowstorm appeared first on CityAM.

Hiscox crashes to a loss after ‘testing’ pandemic pushes claims higher

Insurance giant Hiscox has said its full year performance is “not satisfactory” after reporting huge losses for the year due The post Hiscox crashes to a loss after ‘testing’ pandemic pushes claims higher appeared first on CityAM.
Show more

Hiscox Frequently Asked Questions

  • When was Hiscox founded?

    Hiscox was founded in 1901.

  • Who are Hiscox key executives?

    Hiscox's key executives are Bronek Masojada, Joanne Musselle and Aki Hussain.

  • How many employees does Hiscox have?

    Hiscox has 3,000 employees.

  • What is Hiscox revenue?

    Latest Hiscox annual revenue is £2 b.

  • What is Hiscox revenue per employee?

    Latest Hiscox revenue per employee is £665.9 k.

  • Who are Hiscox competitors?

    Competitors of Hiscox include Liberty Specialty Markets, Sirius Group and Xceedance.

  • Where are Hiscox offices?

    Hiscox has offices in Atlanta, Chicago, Dallas, Las Vegas and in 26 other locations.

  • How many offices does Hiscox have?

    Hiscox has 31 offices.