Hiscox Signs Pan European Partnership With INSTANDA
Specialist global insurer Hiscox has chosen to partner with INSTANDA as part of the insurer’s European growth strategy. The partnership aims to explore opportunities for further growth across the insurer’s commercial and personal lines business, through multiple distribution and service channels.
“We are always looking to take a progressive approach to underwriting and to adopt proven innovative technology solutions that are beneficial to our business and more importantly our customers. Following an extensive evaluation of leading technology e-trading platforms, we are pleased to partner with INSTANDA, having been impressed by the expertise of the team and their ability to deliver demonstrable results.” – Hiscox Europe Managing Director, Stéphane Flaquet.
The first Hiscox product to use the INSTANDA platform has been identified in Germany and is expected to be trading in early 2019. More products will move onto the platform throughout 2019.
“Our partnership with Hiscox in Europe is another significant step forward for our business, enabling us to deliver quantifiable value to our clients. Naturally, we are delighted to be working with one of the world’s leading specialty insurers and look forward to helping them drive their business forward.” – INSTANDA CEO Tim Hardcastle.