advising high net worth clients News

Ex-AIG Execs Kick-Off New High Net Worth Insurer Vault in Florida

It was a no-brainer for former thought-leaders from AIG to set up shop for their new high net worth insurer in the Sunshine State, a state known for beautiful beaches, a growing economy and lots of wealthy individuals. A pull …

Maritime Program Group Launches Non-Admitted Homeowners Program

Maritime Program Group (MPG) has launched a new non-admitted homeowners program offered through its Private Client Services division. According Brian Botwinick, VP of Private Client services, the product is backed by Lloyds of London. The program is available nationally, including …

PURE Launches Cyber Program for High-Net Worth Segment

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has partnered with security firm Concentric Advisors to offer CyberSafe Solutions. The program is designed to help individuals better assess, prevent, detect …

MarketScout Launches New High Net Worth Underwriting Facility

MarketScout, the national electronic insurance exchange and specialty MGA, has expanded its specialty high net worth underwriting practice with the addition of a new non-admitted $3.1 billion facility targeting agents with specialty expertise in the high net worth homeowners segment. …

How to Manage the Winds of Change for High Net Worth Clients

As insurance professionals, we’re in the business of anticipating and responding to severe weather. However, heightened activity in recent years points to some startling trends: • Atlantic named storms in the month of June have nearly doubled since 1995. • …