high net worth clients News

Chubb Launches Services in Canada for High Net Worth, Family Office Clients

Chubb Insurance Co. of Canada has launched an array of complimentary services for its high net worth and family office customers. Signature Suite™ is designed to help protect and enhance affluent lifestyles by providing access to security services, travel safety experts, household risk …

H.W. Kaufman, Burns & Wilcox Canada Buy XN Canada Private Client Services

H.W. Kaufman Financial Group and Burns & Wilcox Canada announced they have acquired the high-value homeowner’s insurance practice from Quebec-based XN Financial Services Inc. (XN). A managing general agent and provider of insurance products, XN is a subsidiary of The …

Ironshore Expands High Net Worth Coverage to Homeowners in Connecticut

Ironshore Private Client Group has expanded its Ironshore Private Insurance Portfolio product to high net worth homeowners in Connecticut.  Ironshore Private Insurance Portfolio coverage is available in four states on an admitted basis, including Pennsylvania, New Jersey and Georgia.   …

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 …

Ironshore Establishes Private Client Group, Launches Coverage in Select States

  Ironshore Inc. has established a dedicated Private Client Group to introduce its new insurance plan, the Ironshore Private Insurance Portfolio. Ironshore’s personal lines policy will be available for high net worth homeowners with properties valued in excess of $1 million. …

Alper Services, Jun Zhou Insurance Alliance Targets Chinese American Clients

Alper Services has formed a new alliance with Jun Zhou Insurance Agency, a Chicago-based agency specializing in risk management and financial services for high net worth Chinese American individuals and middle market Chinese American companies. Jun Zhou Insurance Agency will …

AIG Launches Insurance for Couture, Designer Wardrobe Collections

AIG Private Client Group, a division of American International Group, Inc. that serves high net worth policyholders, has introduced wearable collections coverage, a specialized insurance product for couture and designer wearable collections. The new couture product offers coverage not typically …

PURE Insurance Expands Southeast Regional Hub in South Carolina

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has expanded its southeast regional hub in Charleston, S.C. To accommodate PURE’s growth, the company has moved offices to the newly-renovated Cigar …

PURE Introduces Domestic Staff Workers’ Comp Coverage for Florida Members

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has introduced Domestic Workers’ Compensation Insurance for members residing in Florida. The coverage provides protection for trusted and valued domestic employees. “The …

Ironshore Launches Umbrella Coverage up to $5M for High Value Homeowners

Ironshore Personal Lines is now offering a new umbrella program for high net worth homeowner insureds, with properties valued in excess of $1 million, as complementary liability coverage for losses due to unforeseen legal actions. Ironshore Personal Lines’ umbrella program …