High-Net Worth News

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. …

ACE Launches High Net Worth Personal Insurance Business in Canada

ACE Group has launched its high net worth personal insurance capabilities in Canada through ACE Private Risk Services. ACE’s program features a highly customizable and specialized package of policies that can include home, valuable collections, watercraft, umbrella liability, and auto …

Crestbrook Insurance Expands Into Colorado

Crestbrook Insurance Co., an affluent market personal lines carrier from Nationwide, has expanded into Colorado. Independent insurance agents and brokers appointed with Crestbrook are now able to offer its products and services to their affluent clients. Crestbrook provides offers coverage …

Crystal, AIG Offer Conceptual Art Insurance for Private Clients

Crystal & Co., a strategic risk and insurance advisor, has partnered with AIG Private Client Group, a division of AIG, to create a new insurance product for private clients with conceptual art collections. Conceptual art is focused more on the …

Delta General Agency Adds Blaser in North Texas High Net Worth Unit

Insurance wholesaler, Delta General Agency Corp., has hired Lesa Blaser as the high net worth business development leader in its North Texas office. Blaser will expand Delta’s high net worth presence in North Texas. Her knowledge of the high net …

Eroding Cliff Leaves Luxury Home Teetering 75 Feet Over Texas Lake

A luxury house has been left teetering about 75 feet above a Central Texas lake since the cliff the home is built on began collapsing. WFAA-TV in Dallas-Fort Worth reported that the house has been condemned and the owners evacuated …

Ironshore Personal Lines Launches Boat, Watercraft Coverage for High-Net Worth Clients

Ironshore’s personal lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners.  Ironshore’s watercraft program provides “all risk” coverage for watercraft, including jet skis and boats.  Coverage can be obtained for multiple boats …

Crestbrook Insurance Expands into Arizona

Crestbrook Insurance Co., an affluent market personal lines carrier, has expanded into Arizona. Independent insurance agents and brokers appointed with Crestbrook in Arizona are now able to offer the property and casualty carrier’s products and services to their affluent clients. …

Ironshore Personal Lines Adds Fine Arts, Valuables Endorsement

Ironshore’s Personal Lines unit has expanded coverages available for high-net worth insured homeowners.  Ironshore clients can now obtain an endorsement for itemized fine art, jewelry, private collections, and other personal valuables.  Ironshore’s ‘personal articles floater’ is available to homeowner insureds …