high value homeowners News

New Hanover Prestige Brand Targets High-Value Personal Lines Market

The Hanover Insurance Group, Inc. has launched Hanover Prestige – a high-value personal lines market for home, auto and condominiums. Hanover Prestige offers insurance protection, high-quality care and service, along with flexibility and choice for customers with broader asset protection …

PURE Programs Expands High Value Homeowners Coverage into 5 New States

PURE Programs has expanded its coverage for high value homeowners into Texas, Louisiana, Mississippi, Alabama, and Georgia. Across the region, PURE Programs will offer coverage for homes with a rebuilding cost of $1 million to $50 million that do not …

The Next Insurance Battleground: High-Value Customers

Competition is tightening across the P&C insurance market. With just 2 percent of new consumers entering the personal lines auto insurance market last year, and with retention rates hovering around 88 percent, most insurers face a zero-sum proposition in which …

AIG Latest to Bring Cyber Insurance to Personal Lines High-Net Worth Clients

American International Group Inc., the biggest seller of cyber insurance to businesses, is bringing cyber insurance and risk mitigation services adapted from its CyberEdge commercial insurance product to its high net worth personal lines insurance clients. AIG is offering the …

Partner Specialty Group Launches Online High Value Homeowners Facility

Partners Specialty Group, LLC has announced a new non-admitted online high value homeowners facility with limits in excess of $60 million. Appointed agents will be able to access the online portal and obtain quotes for the following exposures: High Value …

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 …

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 …

Crestbrook to Offer Wildfire Mitigation for High Value Homeowners

Crestbrook Insurance Co., an affluent market personal lines carrier, has launched Crestbrook Wildfire Solution Program in collaboration with Wildfire Defense Systems (WDS), an insurance wildfire loss prevention and response company. The Wildfire Solutions program offers Crestbrook’s homeowners policyholders access to …

Crestbrook Insurance Expands into Oregon, Washington

Scottsdale, Ariz.-based Crestbrook Insurance Co., an affluent market personal lines carrier, is expanding into Oregon and Washington. Independent insurance agents and brokers appointed with Crestbrook in both states are now able to offer the property/casualty carrier’s products and services to …

American Integrity Insurance Launches High Value Home Insurance

American Integrity Insurance Group, a Florida residential, new business property insurance company, will now offer a policy designed for Floridians with owner occupied, primary residences valued from $750,000 to $1.5 million. In addition to the coverage provided for the dwelling …