A number of our high net worth clients will be aware that Hiscox has been a member of AIB Insurance’s panel of insurers for quite some time having benefitted from their excellent range of bespoke products such as motor and home insurance. Our decision to include them on our panel has proved to be an excellent one with this being borne out by them winning a number of awards.
The latest accolade to come their way was to win the HNW (High Net Worth) Personal Lines Team of the Year award at the Insurance Post event known as Underwriting Service Awards 2017 at the Royal Garden Hotel, Kensington, London on the 16th November 2017. This was the 7th year that this event has taken place.
Awards are made for excellent underwriting as well as providing outstanding service with nominations being put forward by many brokers. The event is extremely popular with in excess of 250 of the top underwriters being in attendance. The evening started with a drinks reception followed by a wonderful dinner after which the awards were presented with plenty of opportunity also being available for networking. The evening was compared by the comedian Tom Ward who has also won a number of awards. A good evening was had by all.
The high net worth sector of the personal lines insurance industry is very competitive so for Hiscox to win such a prestigious award is admirable and they are to be congratulated. Here at AIB Insurance, we have to say that our dealings with the underwriting team at Hiscox as well as their other departments has been nothing short of outstanding and it does not surprise us that they have won this award to add to the many others that they already hold. We look forward to working with Hiscox for many years to come for the benefit of our highly valued clients.
Other winners on the night included Zurich winning Product Innovation of the Year and Allianz, who have recently announced merging with LV= scooping both Small Commercial & General Liability Team of the Year.
ARAG picked up the Legal Expenses Team of the Year award with Aviva scooping the Major Commercial Combined Team of the Year. The Cyber and Technolgy award went to CFC Underwriting, Chubb collected the Commercial Property award and the PI & D&O saw Tokio Marine take the silverware.
NMU were the overall night winners though. Initially picking up both Transport/Freight Team, Construction & Engineering Team of the Year and then winning Overall Underwriting Team of the Year.