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Hiscox Expands In Germany With Launch Of Direct Insurance Offering

Specialist global insurer Hiscox has launched a new direct and online insurance offering in Germany, aimed at businesses with up to 2.5 Million Euros annual revenue in knowledge-based professions including IT, management and business consulting. The insurer’s direct offering is headed up by Daniela Zierold, who will lead the Direct team operating from Munich. Providing a real-time online quote and buy system, it makes it quick, easy and even more convenient to buy business insurance at any time of the day or night.

Robert Dietrich, Managing Director of Hiscox Germany, explained: “Buying behaviours are changing and small business owners are increasingly looking to purchase their business insurance online, in much the same way as they would choose their car or home insurance as a consumer. “The launch of our direct offering is a response to this, giving 24/7 access to our services. It is a natural next-step for us; we know small business owners want clear information on identifying and mitigating risks to their company and our vast experience insuring knowledge-based professions means we are well placed to deliver this with tailored policies that meet their specific needs.”

Hiscox’s direct insurance business will complement its existing broker channel, through which it will continue to provide cover for the unusual or complex risks associated with larger businesses and High Net Worth individuals.

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