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Hiscox selects RPC Consulting to provide new Capital Modelling platform

Published on 04 May 2016

Insurance specialist to implement use of Tyche, RPC Consulting's proprietary software.

RPC Consulting, the insurance consulting arm of RPC, today announced it has entered into an agreement with Hiscox, a leading specialist insurer, to implement Tyche, RPC Consulting’s proprietary software, in order to facilitate the consolidation of Hiscox’s capital modelling requirements onto one platform.  The agreement comes after a thorough evaluation process.

Craig Martindale, Group Head of Capital Management at Hiscox, said: “We believe that Tyche has the potential to offer the speed and usability that we were looking for to meet our future capital modelling requirements and we are looking forward to working with the team from RPC.”

Alun Marriott said: “This is a fantastic endorsement for Tyche. Its speed, ease of use and ability to consolidate models across the wider group have proven key differentiators. Although relatively new to the market, our software and consulting teams offer clients a real alternative and we are delighted to be working with Hiscox on this exciting project.”