Bermuda-based specialist insurer Hiscox announced it has reached an agreement with Willis to acquire its specialist UK classic car business, RH Specialist Insurance. This acquisition complements Hiscox’s existing expertise in the motor market, having offered specialist and classic car insurance …
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 …
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. …
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 …
MarketScout, the national electronic insurance exchange and specialty MGA with headquarters in Dallas, has expanded its nationwide specialty high-net-worth underwriting practice by bringing Brian Botwinick on board as senior vice president. Formerly a director with Quaker Special Risk, Botwinick will …
Most wealthy individuals and families who insure their assets with carriers geared primarily for the average U.S. household overpay for coverage that leaves their wealth unnecessarily exposed to the risk of severe financial loss, according to an ACE survey of …
Dallas-based MarketScout, in cooperation with insurers ACE, AIG and Fireman’s Fund, announced it has founded the Council for Insuring Private Clients. CIPC will focus on implementing best practices and risk management techniques for insuring the personal assets of private clients. …
