What are schemes?
A ‘scheme’ typically constitutes a group of customers that have something in common (such as a qualification or membership of a trade body) and require a bespoke insurance product related
to their business activities.
We offer brokers a unique scheme proposition with a dedicated schemes team including Hiscox staff recruited from service delivery, underwriting, claims and sales. Working very closely with our colleagues in our regional offices, our schemes structure has been highly successful with new schemes being delivered within an average of eight weeks.
When it comes to underwriting, we don’t think that one size can fit all. We never forget the importance of what your customers need, so we immerse ourselves in the relevant market and products to tailor a scheme specifically to your client’s business requirements.
Whether it’s pre-priced proposal forms or binder options, we can offer support that suits your schemes for the way that you work.
We also work hand in hand with you to make sure that your product is seen in the right places by offering marketing support and clear communications plans.
A dedicated claims service
A Hiscox scheme will help ensure minimum disruption for your clients if something goes wrong, with an efficient, fair and courteous claims handling process in place from day one.
Schemes for commercial clients
Whether it is the more unusual schemes such as balloon associations, angling associations, and pest controllers, or the more usual such as electrical contractors, dentists, cycle shops and photography, we already have a diverse range of 170 commercial schemes and are always adding more.
Each one is designed in partnership to maximise success and profitability for you as a broker.
Schemes for private clients
From musical instruments, to guns, cycles and specialist and classic motor vehicles, we already have a range of personal lines and motor led schemes, with an ambition to keep expanding our portfolio in this sector.
As with our commercial schemes, we design each scheme in partnership with you to maximise its success and profitability.
To find out more how private client schemes can benefit you and your customers please read the Hiscox News article ‘What a Client Wants’.