Hiscox launched their first Property Owners policy exclusively to Stride Underwriting brokers in December 2018. Both parties have recently conducted a review of the business written since launch and are now looking to extend and develop the partnership.
The acceptance criteria has now expanded to include properties valued up to £10 million for standard residential and commercial use, with Stride offering underwriting support to its broker agents to take full advantage of the strength of the Hiscox brand and claims service.
Alan Plaiter, Broking Manager at Stride Underwriting said of working with Hiscox:
We are very happy to offer our brokers access to the Hiscox brand, with many of them commenting on the quality of the cover and excellent reputation Hiscox has in the market. We’re expanding the footprint by taking on bigger properties and of course we offer full support to help brokers get their deals over the line. This partnership works for our brokers and their clients, so we’re delighted to be collaborating to build the book, and my team really enjoys working with Hiscox as well.
Laura Potts, Development Underwriter at Hiscox, added:
When looking to write business in the competitive Property Owners sector, Hiscox chose to partner with Stride Underwriting based on its professionalism and in-depth expertise in this market. Stride has delivered in both respects and we are now working together to enhance the policy and grow the business. Both sides are committed to the longevity of the partnership and Stride brokers will benefit from future developments to the scheme. On top of that, Stride staff are very easy to work with, which adds to our success.
For more details of the Hiscox Property Owners policy and the benefits of an agency with Stride Underwriting, contact Lee Taylor on 023 9224 8787 or 077 8996 0021. Alternatively email him at email@example.com.