Hiscox España

What Hiscox España does

Hiscox España is the Spanish operating branch of Hiscox SA, itself part of UK-listed Hiscox Ltd (LSE: HSX), a specialty insurer founded in 1901. The Spanish entity has been active in the market since 1997 and opened its Madrid headquarters on Calle Miguel Ángel 11 in 2005, employing a team of more than 70 people. Hiscox España focuses on niche insurance lines underserved by generalist carriers: professional liability (RC Profesional) for 150+ professions, cyber (CyberClear 360ª), D&O, general liability, art and high-value home insurance, classic vehicles, and a bundled 4-in-1 product (Hiscox Business Protection) for SMEs and freelancers priced from €350/year at the Básico tier.

The company operates a broker-exclusive distribution model (corredurías de seguros) through three integration tiers: Paper Quotation (PPP), the MyHiscox Electronic Platform (EPP), and full API integration via EIAC (Escritorio de Integración de Aplicaciones de Corredurías), supplemented by the Hiscox Xpress quick-quote web tool and direct online quote forms. Underlying technology includes the MyHiscox broker platform, RPA-driven bordereau ingestion, the Hiscox Lab innovation unit (launched June 2021), and a dedicated Digital Trading Team supporting broker digitization.

Hiscox España generates revenue through recurring annual insurance premiums across its specialty product lines, marketed and serviced via ~3,000-employee Hiscox Group operations spanning 14 countries and protecting more than 2 million businesses and professionals globally; the Spanish subsidiary protects more than 40,000 SMEs and freelancers. Distribution is anchored by ADECOSE broker relationships, with TOP 5 broker satisfaction across 8 consecutive Barometer editions, 6+ years as best-rated claims management, and an A financial strength rating. The firm is extending its ecosystem through partnerships with KPMG (SME research), INCIBE (national cybersecurity catalog), Indie Seguros (insurtech distribution, November 2025), and various CSR initiatives.

Name

Hiscox España

Legal name

Hiscox SA

Website

https://hiscox.es

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hiscox España is the Spanish branch of UK-listed Hiscox Ltd, providing specialized insurance (professional liability, cyber, D&O, art/home) for 40,000+ SMEs, freelancers, high-net-worth individuals, and 150+ professional categories, distributed exclusively through brokers via the MyHiscox digital platform.

Ownership category

akta.pro rank

Product category

Specialized Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Fine Art, Jewelry & Specie (FSAJAGAL), High Net Worth Personal Lines (E&S) (FSAJAGAO)

Keywords

• Specialized insurance
• Professional liability insurance
• Cyber insurance
• Directors and officers coverage
• Fine art insurance

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Insurance Premiums: Hiscox España generates revenue by collecting insurance premiums across multiple product lines including professional liability (RC Profesional), cyber insurance (CyberClear 360º), D&O insurance, general liability (RC General), art and home insurance, and influencer insurance. The company operates as a direct insurer distributing via brokers and direct channels, collecting recurring premiums on annual or multi-year policies.
2. Hiscox Business Protection (Multi-coverage Pack): Bundled multi-coverage insurance product combining RC Profesional, RC General, D&O, and cyber protection in a single policy. Offered at tiered pricing (Básico from €350/year, Avanzado from €400/year) targeting SMEs and freelancers with up to €500,000 annual revenue.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Hiscox España underwrites and distributes specialized insurance products for Spanish SMEs, freelancers, professionals, and high-net-worth individuals. Its portfolio includes professional liability (RC Profesional), cyber insurance (CyberClear 360º), directors and officers (D&O), general liability, high-value home, and fine art and collectibles coverage. Policies are issued through insurance brokers (corredurías) using the MyHiscox platform, the Hiscox Xpress quick-quote tool, and full API integration, as well as direct online quote forms for end customers.

Differentiator

Problem solved

Functional benefit

Brands

• CyberClear 360º: Comprehensive cyber insurance product offering protection against digital risks, data breaches, and cyberattacks with 24/7 incident response support
• Hiscox Business Protection
• Fine Art by Hiscox
• Hiscox Gives
• Hiscox Lab
• Hiscox D&O

Products and services

• Hiscox Business Protection Bundled 4-in-1 multi-coverage insurance combining RC Profesional, RC General, RC Administradores y Directivos (D&O) and Ciberprotección in a single policy. Offered in Básico (from €350/year) and Avanzado (from €400/year) tiers targeting SMEs and freelancers with up to €500,000 annual revenue.
• RC Profesional Professional liability insurance covering errors, omissions, and negligence in the delivery of professional services for over 150 professional activities. Includes defense costs and indemnification for client claims.
• RC Profesional TIC Specialized professional liability insurance for IT and technology professionals (developers, consultants, software houses, IT service providers) covering system failures, contract breaches, and software errors.
• RC Profesional Marketing, Publicidad y Comunicación Professional liability insurance for marketing, advertising, and communication professionals covering intellectual property violations, errors, omissions, and contract breaches.
• RC Profesional para Consultores Professional liability insurance for business, organizational, strategic, and HR consultants covering errors in advisory services and intellectual property infringement.
• RC Profesional para Profesores y Centros Educativos Professional liability insurance for educators, academies, and schools covering negligence in teaching duties, intellectual property issues, and student-related claims.
• RC Profesional para Terapias Alternativas y Bienestar Professional liability insurance for alternative medicine practitioners, wellness professionals, nutritionists, and psychologists.
• RC Profesional para Asesorías y Gestorías Professional liability insurance for tax, accounting, and HR advisory firms covering errors in professional advice and data management.
• Hiscox CyberClear 360º Comprehensive cyber insurance covering employee negligence, cybercriminal attacks, system failures, data breaches, regulatory non-compliance, financial fraud, and cyber extortion with 24/7 incident response. Registered in the INCIBE catalog of cybersecurity solutions.
• RC D&O Administradores y Directivos Directors and Officers liability insurance protecting executives and board members against claims for mismanagement, regulatory violations, and employment practices, including defense costs, reputation management, fines, and securities.
• RC General General liability insurance for businesses and freelancers covering third-party claims for bodily injury, property damage, and economic losses arising from business operations.
• Hiscox Influencers Combined professional liability and cyber insurance for social media influencers and public figures covering defamation, intellectual property infringement, contract breaches, privacy violations, and cyber fraud.
• Hogar Premium by Hiscox Premium home insurance for high-value properties offering personalized coverage, property inspections, content valuation, and art appraisals at no additional cost.
• Premium Residence by Hiscox All-risk home insurance for foreign residents in Spain, with policy documentation available in English.
• Fine Art by Hiscox Fine art insurance covering collections with all-risk worldwide coverage, agreed value policies, restoration options, and 25% automatic coverage increase for new acquisitions.
• Hiscox Colecciones Privadas Insurance for private collections including art, classic cars, stamps, wine, and other collectibles with all-risk coverage up to €250,000.
• Art Dealers by Hiscox Insurance for galleries, auction house art funds, antique dealers, and art dealers covering temporary exhibitions, fairs, and worldwide transport.
• Hiscox Museos y Exposiciones Customized insurance for museums, foundations, and temporary exhibitions with nail-to-nail coverage for transport and exhibitions worldwide.
• Hiscox Vehículos Clásicos Classic car insurance treating vehicles as works of art with all-risk coverage, agreed value policies, and flexible premiums based on annual mileage.
• MyHiscox Online broker platform for policy quoting, issuance, documentation access, portfolio management, and digital signature. 90% of quotes are issued directly without underwriting review.
• Hiscox Partners Partner program offering three distribution models (Paper Quotation PPP, Electronic Platform EPP, full API integration) for insurance brokers and partners selling to over 150 professions and 1 million SMEs worldwide, with average 24-hour response times.

Quantifiable outcome

• 40,000+ SMEs and freelancers protected in Spain
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Indie SegurosminorChannel Partner/ Reseller/ Distributor · 9 November 2025Portuguese insurtech Indie Seguros expanded to Spain through a partnership with insurer Hiscox. The expansion involves providing coverage for the OSCAR platform across 20 Spanish cities, leveraging Hiscox's local insurance capacity and regulatory standing to enable Indie Seguros to serve the Spanish market.
• KPMGcoreStrategic or Co-development PartnerHiscox partnered with KPMG to produce the II Informe Hiscox de Pymes y Autónomos en España (Second Hiscox SME Report in Spain), providing joint research and data analysis on the situation and challenges facing Spanish small and medium enterprises. The report was updated with 2025 data.
• INCIBE (Instituto Nacional de Ciberseguridad)coreStrategic or Co-development PartnerHiscox CyberClear 360º is registered in the INCIBE catalog of companies and cybersecurity solutions, positioning the product within Spain's national cybersecurity ecosystem and providing additional credibility for the cyber insurance offering.
• WWF (World Wildlife Fund) — #NaturalezaSinPlásticos InitiativeminorStrategic or Co-development PartnerHiscox España committed to an annual donation to WWF's #NaturalezaSinPlásticos project as part of its environmental responsibility program. This partnership addresses ocean plastic pollution, with 95% of Mediterranean beach and sea litter being plastic.
• Fundación AltiusminorStrategic or Co-development PartnerHiscox España collaborates with Fundación Altius through a volunteering program where employees visit the Mercado 1 Kilo de Ayuda food bank during work hours to distribute food to beneficiary families, as part of the company's corporate social responsibility initiative.
• Cruz Roja and Banco de Alimentos de MadridminorStrategic or Co-development PartnerThrough the Hiscox Gives Europe program, Hiscox España has donated more than €50,000 to support Cruz Roja (Red Cross) and Banco de Alimentos de Madrid (Food Bank of Madrid), supporting social initiatives in the communities where the company operates.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• AIG (American International Group): Large global insurer with established specialty lines (professional liability, D&O, cyber, fine art/private client) competing directly with Hiscox in the SME and HNW segments, distributed via Spanish broker networks.
• AXA: Top global insurer with major Spanish presence (AXA Spain) offering commercial, professional, and personal lines via brokers and direct channels. Competes with Hiscox for Spanish SME specialty business and high-net-worth clients.
• Travelers Companies: US-listed specialty insurer with strong management liability, professional liability, and cyber offerings distributed through European brokers. Comparable specialty underwriting approach to Hiscox, particularly in D&O and cyber.
• Zurich Insurance Group: Major P&C insurer with a large Spanish operation offering commercial, professional liability, and SME specialty products via broker channels. Competes with Hiscox across the SME professional and SME cyber segments as part of a broader portfolio.
• Chubb Limited: Global specialty P&C insurer with deep professional liability, cyber, D&O, and high-net-worth personal lines offerings. Operates in Spain through Chubb European Group, competing with Hiscox across SME specialty and HNW segments as part of a much broader portfolio.
• Allianz: Global insurance leader with substantial Spanish operations offering commercial, professional liability, and SME products via brokers. Overlaps with Hiscox in the SME specialty segment and brings significantly greater scale and capital.
• Liberty Mutual Insurance: Global P&C insurer with specialty lines including professional liability, cyber, and management liability distributed via Spanish brokers (Liberty Seguros). Competes with Hiscox in Spanish SME and mid-market specialty segments.

Direct peers

• Hiscox Ltd (UK parent): UK-listed parent company of Hiscox España, operating the same specialty insurance franchises (professional liability, cyber, D&O, art, HNW) across 14 countries. Direct strategic and operational peer, providing the underwriting capacity, capital, and product templates that drive Hiscox España's offerings.
• Beazley plc: London-listed specialty insurer with strong franchises in professional liability, cyber, and management liability — directly overlapping Hiscox's core specialty lines. Competes for the same SME/professional broker distribution in Europe and Iberia.
• Markel International: Specialty insurer with focused professional liability, cyber, and management liability offerings for SME and professional segments. Closely comparable niche-to-Hiscox specialty strategy, also distributed through brokers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/HiscoxSpain
• LinkedInlinkedin.com/company/hiscox-espana
• Instagraminstagram.com/hiscoxseguros

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hiscox España