Hiscox looks to add ‘non-financial metrics’ in long-term incentive plans

24 March 2023

Hiscox is planning to introduce a remuneration policy in which executive directors will be judged on “non-financial metrics”, including those relating to environmental impact, in long-term incentive plans (LTIPs).

The policy will be put to shareholder vote at Hiscox’s annual general meeting on 11 May.

In its 2022 report and accounts, the London-listed carrier said up to 30% of LTIP awards in future will be based on non-financial measures.

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