Hiscox schemes

What is a scheme?

There is no universal definition, but we believe the crucial component shared by every scheme is that it is a bespoke proposition designed for a distinct and scalable customer group.

A scheme differs from off-the-shelf insurance products because it is broker-led and built on key customer insight. Working together, the insurer and broker develop their vision into a bespoke offering.

Schemes are an integral part of the UK insurance market and represent a huge growth opportunity for growth for brokers.

Check out our schemes microsite 

Why choose Hiscox?

• We have built a significant presence in the schemes market since 2010 and manage over £70m gross written premium 
   
• Hiscox have developed over 170 bespoke schemes across a range of sectors, including media and arts, medical malpractice and sport. Our schemes appetite is broader than open market business
   
• With a dedicated schemes team (including experts in underwriting, claims and marketing),  we can act quickly and get a scheme through delivery in 12 weeks
   
• We want to grow your scheme in partnership with you so you will have regular account reviews and new business development support
   
• We can explore an e-commerce solution for your scheme to improve the customer journey and allow you to trade more efficiently.

Tools and useful information 

• Schemes brochure
• Schemes appetite guide
• Watch our video (external link) about how we look to help you unlock your scheme potential
• Meet our team

Flood and subsidence exposure 

If you are a delegated authority schemes broker with Hiscox, you may be required to use the Hiscox Postcode checker at new business and renewal for flood and subsidence exposure. Further guidance and the password for the file can be found in your Underwriting Guide, or by contacting a Hiscox Underwriter.