high net worth clients News

Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes

Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners.  Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1 million or more in selected states nationwide. By …

Crestbrook Insurance Expands into California, More States to Come

Crestbrook Insurance Co., an affluent market personal lines carrier, has expanded its products and services to independent agents and their clients in California. After launching in Illinois last October, the Nationwide Insurance subsidiary will continue to expand into Washington, Arizona, …

XL Group’s Specialty Businesses Launch Luxury Lines Program for Private Clients

XL Group’s Specialty insurance businesses in North America have teamed up on a new luxury lines to extend their equine, aviation, yacht, fine art, and kidnap, ransom & extortioncoverages to protect high net worth private customers and their possessions. According …

Ironshore Enters Yacht Insurance Sector

Ironshore Inc. is now covering high-end pleasure craft, yachts and mega yachts on a global basis.  James G. Bishop, Jr., with more than 25 years experience in the maritime sector, has been named to lead the unit that will provide …

ACE Recreational Marine Introduces Policy Discount for Safety-Concious Boat Owners

ACE Recreational Marine, a nationwide recreational marine insurance provider and part of ACE Group, has introduced an optional endorsement that waives coverage for storm surge damage for those boat owners who are willing to move their vessels out of harm’s …

Fireman’s Fund Enhances Art Collection Product with ‘Death of An Artist’ Coverage

Fireman’s Fund Insurance Co. has introduced new death of an artist loss settlement provisions, as well as seven other coverages to additional states as part of their Prestige Collections Coverage. Fireman’s Fund coverage high value collections address elements of fine …

Ironshore Personal Lines Unit to Offer Excess Flood Coverage

Ironshore’s Personal Lines unit is expanding flood insurance coverage for high net worth homeowner clients.  The excess flood insurance is an endorsement available on homeowners policies underwritten by Ironshore through its network of program administrators.  The coverage provides an excess …

Eyeing Affluent Market, Crestbrook Ready to Launch in Illinois

Well-to-do Illinois residents and their insurance agents can soon look forward to another option when it comes to protecting their assets. Crestbrook Insurance has selected Illinois for the launch of what is essentially a start-up insurance company focusing on the …

Tech Firm Trōv Promises to Reinvent ‘Insurance to Value’ for P/C Industry

A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies and brokers access to real-time data on their upscale insureds’ property and possessions, making it easier for the industry to …

Finch Named National Managing Director of Admitted Markets at MarketScout

MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has expanded its nationwide specialty high-net-worth underwriting and brokerage practice with the addition of Daniela Pelligrinelli-Finch as national managing director of admitted markets. Finch was formerly a …